Esperence Nyampeta


Status: Paying Back

$550.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Esperence Nyampeta
Location: Nyabihu/gisenyi, Rwanda
Activity: Sewing

About the Loan

Loan Amount: $550.00
Loan Use: To buy an additional sewing machine and other material
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 25, 2009
Date Disbursed: Oct 23, 2009
Date Funded:Oct 25, 2009

About the Country

Country:Rwanda
Avg Annual Income:$1,000.00
Currency:Rwanda Francs (RWF)
Exchange Rate:569.0000 RWF = 1 USD



Esperence Nyampeta is 27 years old, single, and she lives in the Northern Province of Rwanda, approximately three hours drive from the capital city of Kigali. Her village, called Nyabihu, is where, for four years, she has had her business sewing various models of clothing and materials for all occasions.

Although Esperence has been in business since 2005, her profit is still too low to expand meaningfully and she believes that a small amount of additional capital would change that for her. For that reason, she is requesting her first loan from Vision Finance Company (VFC) to purchase an additional sewing machine plus some other materials which will make her more efficient and effective and more successful. She thanks VFC and Kiva lenders for their support!

With this loan, Esperence hopes to earn more profit than before which, in turn, will help her to save for the future and create more jobs for various people.


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Journal entries for Esperence Nyampeta


Loan has been disbursed
 
Entrepreneur: Esperence Nyampeta
Location: Nyabihu/gisenyi, Rwanda

Thank you for your loan. It has been disbursed to Esperence Nyampeta 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 Nyabihu/gisenyi, Rwanda
Oct 26, 2009
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Kiva Help Repayment Schedule for Esperence Nyampeta

  Expected Repayments Actual Repayments Comments
January 2010 $68.75 Available Jan 1  
February 2010 $68.75 Available Feb 1  
March 2010 $68.75 Available Mar 1  
April 2010 $68.75 Available Apr 1  
May 2010 $68.75 Available May 1  
June 2010 $68.75 Available Jun 1  
July 2010 $68.75 Available Jul 1  
August 2010 $68.75 Available Aug 1