Check out some available loans that are similar to this one!
Joselyne
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.

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
  • 53
    View loans »
    Rwanda Loans Fundraising
  • $15,328,600
    Funds lent in using Kiva
  • 566.4
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Joselyne to expand her business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 22, 2009
Listed
May 20, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010