Felecien Rushema


Status: Paying Back

$900.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Felecien Rushema
Location: Bugesera/nyamata, Rwanda
Activity: Bakery

About the Loan

Loan Amount: $900.00
Loan Use: To buy additional baking equipment
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 21, 2009
Date Disbursed: Sep 24, 2009
Date Funded:Oct 21, 2009

About the Country

Country:Rwanda
Avg Annual Income:$1,000.00
Currency:Rwanda Francs (RWF)
Exchange Rate:568.9500 RWF = 1 USD



Felecien Rushema is 30 years old and single. He cares for two dependents aged 19 and 23. Felecien lives with his parents in Bugesera district, a western province of Rwanda.

Felecien has owned his bakery since 2006. His shop is open everyday from 6 a.m. to 8 p.m. and employs three people. His projected monthly profit from his business is 180,000 RWF (approximately US$300).

Felecien is requesting his first loan from Vision Finance Company in order to expand his business through purchasing additional equipment for making large quantities of bread.


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Journal entries for Felecien Rushema


Loan has been disbursed
 
Entrepreneur: Felecien Rushema
Location: Bugesera/nyamata, Rwanda

Thank you for your loan. It has been disbursed to Felecien Rushema 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 8 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 Bugesera/nyamata, Rwanda
Oct 22, 2009
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Kiva Help Repayment Schedule for Felecien Rushema

  Expected Repayments Actual Repayments Comments
January 2010 $128.57 Available Jan 1  
February 2010 $128.57 Available Feb 1  
March 2010 $128.57 Available Mar 1  
April 2010 $128.58 Available Apr 1  
May 2010 $128.57 Available May 1  
June 2010 $128.57 Available Jun 1  
July 2010 $128.57 Available Jul 1