Greetings from M. Joselyne who is 24 years old and married. She and her husband have one child of 9 months, and she takes care of two orphans, 16 and 18 years old. This family currently lives in Gasabo, a district of Kigali City, the capital of Rwanda.
M. Joselyne is an entrepreneur who operates her business in Kigali City where she owns a retail shop selling different kinds of merchandise. Her husband produces a regular income of $240 per month.
Joselyne is seeking her first loan from Vision Finance Company of 500,000 Rwf to be repaid within 8 months. She has been running the same business since 2007 and has no employees. She does her daily work from 6:00 to 9:30 p.m. She earns a monthly profit of approximately $55.
With this loan Joselyne intends to expand her business and, from the increased profits, she will buy a house and have more savings.
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.