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Charlotte
Greetings from Charlotte M. in Kigali, Rwanda! Charlotte has been a tailor in Kigali for five years and has previously taken out seven microfinance loans. She is currently requesting a loan worth 500,000 Rwandan Francs, payable on a monthly basis over an 8 month period.

She has one employee at her tailoring shop who helps her to fill the orders of her customers. She works from 9:00am to 7:00pm every day. Charlotte is married with two children and one orphan whom she cares for. Her husband is a driver of a taxi in town. She intends to use the profits from her business to continue to reinvest in the shop so that it can grow.

Additional Information

More information about this loan

This loan helps low-income entrepreneurs in Rwanda grow their businesses and, ultimately, to support their families. These loans typically serve very poor and rural clients and particularly women, who often lack access to the traditional collateral needed for a loan. VFC serves these entrepreneurs through both individual and group loans and provides them with financial education and tools for them to save money for the future. By supporting this loan, you are helping Rwandan entrepreneurs build the means to support their families and improve their lives.

About Vision Finance Company s.a – Rwanda (VFC)

Vision Finance Company, soon to be known as Vision Fund Rwanda (VFR), is the microfinance subsidiary of World Vision and is one of the largest microfinance institutions serving rural underprivileged communities in Rwanda, many of which do not have access to formal financial services.

VFC serves people and communities that are economically productive but low-income, especially in very rural areas. This includes small business owners and salary earners who are looking for opportunities to provide better lives for their families and a promising future for their children.

About Rwanda

  • $1,700
    Average annual income
  • 48
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 568.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Charlotte to buy more materials to make clothing.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 13, 2009
Listed
Apr 8, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010