Jean De Dieu
Jean de Dieu owns a shop where he sells a variety of items in retail. He is seeking his first loan in the amount of 500,000 Rwf from Kiva lenders, but it is his second with Vision Finance Company to be paid back in 12 months. His first loan was in the amount of 300,000 Rwf.
He started his shop six years ago and has two full-time employees to help him run his business. He opens for business at 6 a.m. and closes at 10 p.m.
He used to earn a monthly profit of approximately $110. With this loan, he intends to expand his business, and expects increased profits from this investment. He will reinvest these in his business with the goal of acquiring more savings.
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.
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