100%

funded

Total loan: $35,000

Catherine

Flag of Rwanda
Musanze, Northern Province, Rwanda / Food

Catherine's loan finished fundraising,
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A loan helped To purchase more grains from her farmer partners.


Catherine's story

Catherine is a hardworking Rwandan woman who is dedicated to her business. Together with her husband, they run a cereals wholesale company. The company has not only become the sole supplier of grains in the region but it has also become the first on the list for job provision to the community. Catherine purchases raw grain from 10 cooperative businesses made up of approximately 3,500 smallholder farmers. She processes the grains into cereals and then sells either wholesale or retail in the Northern Province. Catherine is an honest borrower who pays all the loans on time. She has made sure to hire more staff with every loan she has secured. She started with 10 employees but with the business growth, she now has 58 employees, with 60% being women. The other big impact the previous loans had on her business was that she was able to buy a truck to transport cereals. In addition, she has also invested in agriculture near Mahama refugee camp in Rwanda where she hired 500 casual employees, with 200 being refugees. Catherine is requesting another loan to purchase more grains from her farmer partners to increase her cereals inventory but to also help local farmers have profitability, considering that most of them were seriously affected by the Covid-19 pandemic.