Total loan: $325
Antsirabe, Antananarivo Province, Madagascar / Food
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A loan helped to buy 1400 Kg of unmilled rice to resell to grocers in the city.
Elisabeth is a serious 29-year-old woman who is married with 4 children. She has lived in the city since getting married and has been selling paddy (unmilled rice) by delivery for 2 years. Elisabeth has been borrowing from Vahatra for 1 year, and has been able to improve her family’s living conditions with the benefits obtained. All of her children now attend school, and she has been able to purchase some furniture to beautify their home. Elisabeth is very motivated to take another loan, with which she intends to buy 1400 Kg of unmilled rice to be delivered to grocery stores in the city. The profits will be used for family expenses and to build up her savings. Elizabeth struggles to provide a bright future for her children. She manages her business well with the goal of being financially independent in the future.