Marie Louise Kankindi


Status: Paying Back

$900.00   Loan Amount
12% repaid

About the Entrepreneur

Name: Marie Louise Kankindi
Location: Kicukiro/kigali, Rwanda
Activity: Beauty Salon

About the Loan

Loan Amount: $900.00
Loan Use: To expand the size of her salon and purchase more equipment
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 3, 2009
Date Disbursed: Sep 23, 2009
Date Funded:Oct 4, 2009

About the Country

Country:Rwanda
Avg Annual Income:$1,000.00
Currency:Rwanda Francs (RWF)
Exchange Rate:567.4000 RWF = 1 USD



Marie Louise Kankindi is 29 years old, is married with one child two years old, and she takes care of one dependent.

Marie Louise has operated a beauty salon for one year and, in that salon, she employs four employees, working from 8:00 a.m. to 9:00 p.m. After realizing that her saloon was too small to even welcome five clients at once, Marie Louise is requesting a loan from Vision Finance Company in order to expand its size and to purchase more equipment. This will enable her to welcome more clients at the same time and thereby she hopes to earn more profit than before.

Through the use of this new loan, Marie Louise has a hope for the future.


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Journal entries for Marie Louise Kankindi


Loan has been disbursed
 
Entrepreneur: Marie Louise Kankindi
Location: Kicukiro/kigali, Rwanda

Thank you for your loan. It has been disbursed to Marie Louise Kankindi by Vision Finance Company s.a. (VFC), a partner of World Vision International in Rwanda. We are excited to watch this business grow. Over the 7 months of this loan, Vision Finance Company s.a. (VFC), a partner of World Vision International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kicukiro/kigali, Rwanda
Oct 5, 2009
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Kiva Help Repayment Schedule for Marie Louise Kankindi

  Expected Repayments Actual Repayments Comments
December 2009 $112.50 $112.50 Repayment Received
January 2010 $112.50 Available Jan 1  
February 2010 $112.50 Available Feb 1  
March 2010 $112.50 Available Mar 1  
April 2010 $112.50 Available Apr 1  
May 2010 $112.50 Available May 1  
June 2010 $112.50 Available Jun 1  
July 2010 $112.50 Available Jul 1