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Maurice Ntawuhigimana

Start Date: March 29, 2010

Maurice Ntawuhigimana is from Mudasomwa, Rwanda. She needs a loan of $275 Purchasing products for sale.

Commerce
City:
Mudasomwa
Community:
Mudasomwa ADP
Country:
Rwanda
other entrepreneurs here Mudasomwa, Rwanda

Summary

Maurice Ntawuhigimana is from Mudasomwa, Rwanda. She needs a loan of $275 Purchasing products for sale.

  • Top Goals Purchasing products for sale
  • Additional Jobs Created 1

Maurice's Story

Maurice owns a small shop which sells different kinds of food products such as sugar, rice and cooking oil. With this loan, he hopes to expand his business though purchasing more products for his shop.

With the loan from World Vision, Maurice believes he will earn additional profits simply because more product choices will attract more customers. This profits will help him build his own house to live in and enable him to get married.

Maurice is 24 years old and single. He lives with his parents in the southern province of Rwanda, in the Mudasomwa district.

Industry Info

Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs entrepreneur begin with stalls at markets or even at home and need a loan to expand or increase their inventory. Others may be ready to open a small store. Goods purchased from loan funds range from clothing, grocery or sundry items to jewelry, candy, perfume or health and beauty supplies. Loans in the commerce sector account for around 33% of our loans.

Summary

Maurice Ntawuhigimana is from Mudasomwa, Rwanda. She needs a loan of $275 Purchasing products for sale.

  • Top Goals Purchasing products for sale
  • Additional Jobs Created 1

Maurice's Community

Mudasomwa is a densely populated rural community in Rwanda. Families in this area grow crops such as sorghum, sweet potatoes, beans, and bananas. Soil quality is poor, and many families keep livestock simply to have manure to use as fertilizer.

Some homes have roofs made of iron sheets or tiles, while others are simply thatched with grass. Widows and children often live in homes with damaged walls and leaking roofs. Many children in this community live alone or care for younger siblings and are unable to attend school. Insufficient diets, unclean water, and lack of sanitary toilets and sinks increase the prevalence of diseases, including malaria, worms, and malnutrition. Health facilities in the area do not have enough supplies or staff to adequately serve the community.

World Vision is working to improve life for community members in Mudasomwa by providing vocational training, school supplies, healthcare, health education, food assistance, seeds and fertilizers, livestock, and water tanks.

Summary

Maurice Ntawuhigimana is from Mudasomwa, Rwanda. She needs a loan of $275 Purchasing products for sale.

  • Top Goals Purchasing products for sale
  • Additional Jobs Created 1

Maurice's Mid Term Update October 03, 2010

Maurice used the loan funds to purchase a variety of goods, mainly foodstuffs for resale. Unfortunately, his business failed due to the lack of sales and customer orders. Maurice hasn't been able to keep up with the repayment terms due to lack of income. His request is to his donors if they could pray for him so that his business can re-start once again in a profitable condition. Thank you for supporting Maurice Ntawuhigimana and World Vision Micro!

Maurice's Final Update January 23, 2011

The loan has not improved the client`s business. His business failed due to the lack of sales and customer orders. The credit officer continues to push the client to pay his loan. She hopes you will continue to support him by praying for his business to restart and continue to pray for his family.

Despite the fact that World Vision boasts a 98.7% repayment rate, there will always be some loans that do not get fully repaid. While World Vision does everything it can to ensure that this does not happen, it is an unfortunate reality that must be recognized when providing loans to less fortuante populations. We regret to inform you that this entrepreneur has defaulted on their loan, but hope you will continue to support them by praying for their business and family. Once again, thank you for supporting World Vision Micro!

Total Amount
$275

Amount Raised To Date

$275
100%

Help Maurice

6 Donors

  • Mike
    June 04, 2010
    Contributed to 0 other loans
  • Kimberly
    June 05, 2010
    Contributed to 0 other loans
  • Daniel
    June 07, 2010
    Contributed to 0 other loans
  • Barbara
    June 07, 2010
    Contributed to 0 other loans
  • Jim
    June 07, 2010
    Contributed to 0 other loans
  • Kevin
    June 13, 2010
    Contributed to 0 other loans

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