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Dedi R

Dedi is from Indonesia. He has 3 children. He needs a loan of $125 to purchase new scissors and other equipment.

Services
Community:
Jatinegara
Country:
Indonesia
other entrepreneurs here Indonesia

Summary

Dedi is from Indonesia. He has 3 children. He needs a loan of $125 to purchase new scissors and other equipment.

  • Top Goals To purchase new scissors and other equipment
  • Children Helped 3
  • Number of Employees 1

Dedi's Story

Dedi is a barber who works at a kiosk in the market. His wife caters from their home, as both of them must work hard to provide for the family's basic needs. Dedi will use a loan from World Vision to invest in new scissors and other equipment he will use in his hair cutting business.

Dedi is always looking for ways to meet his customers' demands, since he faces tough competition in the barbering industry. Better equipment will help him improve the services he offers to customers.

The additional income will allow Dedi to meet his family's basic needs and pay his children's school fees. In the future, he hopes to own a kiosk instead of renting one.

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Industry Info

In areas where the poor live alongside the more affluent, businesses in the service sector can be very successful. Services include flower cultivation, tailoring/sewing, transportation, repair work, beauty salons and barber shops, and restaurants. Loans are needed to begin, expand, or sustain business with tools and supplies. Loans given to entrepreneurs in the service sector account for around 7% of our loans.

Dedi's Community

There is no community update available at this time.

Dedi's Mid Term Update August 21, 2012

Thank you for supporting a small business loan for Dedi Rustandi to expand his services and health/beauty business where he cuts hair.

After receiving the loan from World Vision, he invested the $125 to purchase new scissors and other equipment.

Dedi has been repaying his loan on time with his new profits. He makes weekly payments of $5.

In addition to repaying his loan, Dedi is using additional income to pay school fees and purchase food for the family and expand the current business.

Dedi's 3 children continue to study in school.

Thank you for supporting Dedi and World Vision Micro!

Dedi's Final Update November 17, 2012

Dedi

Thank you for supporting the small loan for Dedi Rustandi to improve his services and health/beauty business. He invested his loan of $125 to purchase new scissors and other needed equipment.

Dedi has now repaid his loan in full. In addition to repaying his loan, Dedi has used his additional income to pay his children's school fees, purchase food for his family and expand the current business.

Dedi's three children continue to study in school.

The loan Dedi received helped his business expand and the profits he is earning create lasting improvements in his life. In the future Dedi hopes to expand the current business and take out another loan.

Thank you for your support of Dedi and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$125

Amount raised

$125
$125
100%

Help Dedi

1 Donors

  • Olivia
    May 26, 2012
    Contributed to 3 other loans

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