Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Aliy is from Ethiopia. He has 3 children. He needs a loan of $150 to buy fertilizer and seeds.
A father of three children, Aliy works hard to provide for his family by farming and selling vegetables like onions. Aliy is very happy with his business and is able to work on his small farm effectively, but he lacks the capital he needs to expand his business.
With a loan from World Vision Aliy will be able to buy select seeds and more fertilizer in order to maximize his harvest and produce a greater yield. His hope is that by expanding his business he will be able to increase his customer base and to better provide for his family's needs. His future goal is to venture in to the cattle fattening business in order to generate additional income for his family.
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.
Th e Wonchi ADP, which started in 2001, is 76 miles west of the Ethiopian capital of Addis Ababa. Encompassing 183 square miles, Wonchi is home to almost 120,000 people. Currently, 5,000 children are registered in the sponsorship program.
The goal of World Vision in Wonchi is to improve the livelihood security of 36,000 children and families in the area. Almost all of the people—99 percent—are subsistence farmers, depending on crops and livestock as their means of food and income. Deforestation and soil erosion are among the major problems that impact their ability to increase crop production and feed their families.
The highest priority in the Wonchi ADP is to increase crop and livestock productivity so that farmers can feed their families and generate income. With additional income, they are able to pay for healthcare and education for their children, greatly improving their quality of life.
Providing access to credit and saving services has helped to increase household income. Credit has enabled community members to own assets like farm oxen, sheep, and homes. It has also provided opportunities for job skills training.
Aliy Dabesa has successfully repaid his small business loan. He invested the $150 into his farming business by purchasing fertilizer for increasing the productivity of his crops.
Thanks to the loan he received, Aliy was able to use the profits from his business to provide his family with healthcare and purchase food for them.
In the future, Aliy aspires to earn enough to purchase livestock, expand his current business, and repair or expand his home.
Aliy's three children continue to study in school. Because he was able to invest in his business, he will be able to invest in his family.
Thank you for investing in the power of hardworking people, like Aliy, through World Vision Micro. These funds are now available to help other entrepreneurs in Aliy's community.