100%

funded

Total loan: $2,125

Philbert

Kirehe, Eastern Province, Rwanda / Food

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A loan helped to purchase items in bulk for resale.


Philbert's story

Philbert is an ambitious entrepreneur. He is also a refugee from Burundi that came to Rwanda in 2015 due to insecurities. He and his family left everything behind and joined the Mahama refugee camp in Rwanda. Philbert owned a business back home so it felt right to start another one in the camp to support his family. He started a small grocery store and sold basic household products. In the first and second cycles, Philbert has been able to become one of the success stories to ever join the AEC/Inkomoko program.

He was able to grow his small grocery store into a big store that does wholesale in the camp. He has also opened an equity bank agency that provides the service of giving refugees access to their monthly UNHCR stipends. These two businesses helped him to improve his family's welfare. Philbert's business has enabled him to save for the future and pay his children's school fees. Another loan to Philbert will help him purchase items such as maize flour, rice and sugar in bulk at a cheaper price so that he can gain more profit hence support his family that lives in the camp.