Total loan: $125
Faratsiho, Antananarivo Province, Madagascar / Food
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A loan helped to buy unhulled rice to resell.
Niarivosoa is 21 years old and married. He has 3 children. To feed his family, he has a business where he sells unhulled rice. He is also a farmer to add to his income. He treasures the well-being of his family and also wants to accomplish big projects in the future. Niarivosoa recently joined Vahatra. He is starting to take loans in order to develop his businesses. He used his first loan to grow potatoes. His profits covered the expenses and were also used to add to his funds. Currently, he would like to invest in the business selling unhulled rice. He is requesting the borrowers to help him to increase his stock. He has a point of sale in his village. Niarivosoa will buy a big quantity of unhulled rice that he will sell for a reasonable price. He expects good profits that he will save to buy a cow in the future.