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Adanech E

Adanech is from Ethiopia. She has 5 children. She needs a loan of $175 to buy an ox for farming.

Agriculture/Animals
Community:
Shenkolla
Country:
Ethiopia
other entrepreneurs here Ethiopia

Summary

Adanech is from Ethiopia. She has 5 children. She needs a loan of $175 to buy an ox for farming.

  • Top Goals To buy an ox for farming
  • Children Helped 5

Adanech's Story

Adanech Ejebo is a hardworking mother of four, being raised in a farming family has provided her with a great deal of expertise in agricultural practices. At this time, She feels confident that her business is in a good place to start making a profit. As she states, "I would like my business to generate income. I want to strengthen it but I cannot do it due to shortage of money. If I get a loan, I can work hard and get more income. I can also work on other income generating means."

A loan from World Vision will enable Adanech to purchase an ox, allowing her to expand her farm. The additional income she earns will enable her to provide a better life for her family. In the future, she is planning to raise cattle for market.

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Industry Info

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.

Adanech's Community

There is no community update available at this time.

Adanech's Mid Term Update November 01, 2012

Thank you for supporting a small business loan for Adanech Ejebo to expand her vegetable farming business. After receiving the loan from World Vision, she invested the $175 to buy an ox to help with farming.

Adanech has been repaying her loan on time with her new profits. She makes weekly payments of $3.

In addition to repaying her loan, Adanech is using additional income to provide healthcare, do home repairs and purchase food for her family.

Adanech's five children continue to study in school.

Thank you for supporting Adanech and World Vision Micro!

Adanech's Final Update May 02, 2013

Adanech

Adanech Ejebo has successfully repaid her small business loan. She invested the $175 for her vegetable farming business.

Thanks to the loan that she received, Adanech was able to use the profits from her business to provide healthcare, do home repairs and purchase food for her family. In the future, Adanech aspires to earn enough to start a new business, expand her current business and purchase livestock.

Adanech's five children continue to study in school. Because she was able to invest in her business, she will be able to invest in her family.

Thank you for investing in the power of hardworking people like Adanech through World Vision! These funds are now available to help other entrepreneurs in Adanech's community.

Total Amount
$175

Amount raised

$175
$175
100%

Help Adanech

1 Donors

  • Jill
    May 03, 2012
    Contributed to 2 other loans

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