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How a 73-Year-Old turned Rwf15,000 into Rwf500,000: A Financial lesson for today’s youth

Emmanuel Kayiranga, a 73-year-old resident of Gatsibo District, is a living example that age is no barrier to pursuing financial growth and development.

In a recent interview with KURA, he shared how he transformed a Rwf15,000 Rwandan Francs donation into a cattle investment worth over Rwf500,000.

A resident of Rugarama Sector, Gatsibo district, Kayiranga explained that he received the initial money from World Vision, which he used to begin his journey toward changing his fortunes.

Initially, he invested the money by buying a piglet, which he later sold for Rwf60,000. He reinvested the proceeds by purchasing cattle, significantly expanding his holdings, which are now flourishing.

Kayiranga credits the initial support from World Vision as a pivotal moment in his journey. He attributes his success to careful planning, discipline, and a clear vision.

He explains, “The livestock I raised provided me with fertilizers for better crop farming. My situation has improved significantly. The money I received was not wasted; I invested it wisely in livestock and am now reaping the benefits.”

Despite being 73, Kayiranga remains dedicated to advancing his family’s well-being. He aims to provide more fertilizer, milk for his children, and assist with their savings through his ongoing efforts.

Kayiranga believes that saving and wise resource management are valuable skills at any age and encourages young people to be disciplined and goal-oriented in their endeavours.

“Saving and planning are not just for young people. I, too, am saving and contributing to my family’s well-being through my work. My advice to the younger generation is to set goals and strive to achieve them, rather than spending aimlessly,” he advises.

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