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Bizunesh is from Ethiopia. She needs a loan of $175 to buy an ox for her farming business.
Farming is the main business for Bizunesh and her family. However, she lacks the capital needed to buy an oxen needed for farming. Because she did not own an oxen she could not farm a larger plot of land and her family income was very low. She felt there was no one who she could trust in me to lend, but World Vision Micro did.
"The loan I have accessed from World Vision Micro has filled this gap and now I can purchase an oxen for my farming business."
With her loan she can now grow her business, using improved seeds in the farm to increase productivity.
The additional income will enable her to provide for her family's basic needs for life and send her children to school.
The Agriculture business sector covers all farming and livestock activities. Some entrepreneurs request loans to help in securing supplies and equipment. Others want to buy more animals to breed or purchase feed and medicines. The majority of our loan clients live in rural communities where agriculture is already understood as a business model. It is for this reason that approximately 50% of our loans are in the agricultural sector.
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