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Emmanuel T

Start Date: August 24, 2009

Emmanuel is from Kitabi, Rwanda. He needs a loan of $550 Purchasing more animals to sell.

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

Summary

Emmanuel is from Kitabi, Rwanda. He needs a loan of $550 Purchasing more animals to sell.

  • Top Goals Purchasing more animals to sell
  • Dependants Helped 1
  • Additional Jobs Created 6

Emmanuel's Story

Emmanuel runs a business that sells cows. With the loan requested, he will be able to purchase another cow and a small forest.

Emmanuel is 21 years old and single. He takes care of one relative whose parents have died. He lives in a house that has iron sheets on the roof.

With the profits from his business Emmanuel hopes to be able to pay for his orphaned relative's education, purchase a house and save money for his future marriage. His business expansion will create jobs for unemployed people in his community.

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Industry Info

Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs 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.

Emmanuel'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.

Emmanuel's Mid Term Update June 12, 2010

Emmanuel used the loan funds to purchase additional cows. With the profits from the sales of the cows Emmanuel is hoping to be able to pay for his family's needs and his own future goals. Emmanuel is loyal with the repayment terms and has a strong record. Thank you for supporting Emmanuel Tuyisenge and World Vision Micro!

Emmanuel's Final Update October 02, 2010

Emmanuel

The funding from the loan has greatly assisted Emmanuel Tuyisenge by expanding his business through the purchase of additional cows. He utilized the profits to help his parents renovate their home and in addition to that he also created a job for another person in his community. He is thankful to all the donors that contributed to the progress of his business. His future goal is to be known as a famous cow salesman. Emmanuel has repaid his loan in full. These loan funds are now available to help another worthy entrepreneur in his community. Thank you for supporting Emmanuel Tuyisenge and World Vision Micro!

Total Amount
$550

Amount Raised To Date

$550
100%

Help Emmanuel

4 Donors

  • Ken & Roxanne
    January 17, 2010
    Contributed to 0 other loans
  • John
    February 14, 2010
    Contributed to 5 other loans
  • Tom
    February 18, 2010
    Contributed to 0 other loans
  • Clayton
    February 20, 2010
    Contributed to 5 other loans

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