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Helene
Greetings from M. Helene, a 46-year-old married woman. She and her husband have five children of the following ages: 26, 19, 18, 12 and 12. This family lives currently in Nyarugenge district, Gitega sector in Kigali City, the capital of Rwanda.

M. Helene is an entrepreneur who operates her business in Kigali City where she owns a stationery shop and sells photocopier service. Her husband does not produce any kind of income.

Helene is seeking her first loan of 500,000 Rwf from Vision Finance Company and it will be repaid within 12 months.

Helene has a full time worker to help her to run her business smoothly. She seems to have a great deal of experience in this business because she has been doing the same business since 2003. She starts her daily work at 7:30 a.m. and finishes at 7:30 p.m. She used to produce the monthly profit approximately $185. With this loan She intends to expand her business and will reinvest the increased profits in her business.

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
  • 61
    View loans »
    Rwanda Loans Fundraising
  • $15,230,800
    Funds lent in using Kiva
  • 566.4
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Helene to expand her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 25, 2009
Listed
May 20, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2010