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Florienne
Greetings from U. Florienne, a 44-year-old widow with two children and two orphans she takes care of by herself. The children's ages are 17, 12, 15 and 11. She lives the Nyarugenge district of Kigali, the city capital of Rwanda.


U. owns a shop where she sells many kinds of consumable merchandises in her neighborhood. She is seeking her first loan worth 300000Rwf from Vision Finance Company to be paid within 8 months. This entrepreneur has been doing the same business for 12 years and has one full-time employee to help her in this business. Florienne starts working at 7:30 a.m. until 8 p.m. and she earned $365 in monthly profit before the loan. With the loan, Ms. U. wants to increase her merchandise, expand her business and have more savings with the increased profit.

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
  • 65
    View loans »
    Rwanda Loans Fundraising
  • $15,230,850
    Funds lent in using Kiva
  • 566.4
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Florienne expanding the business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 22, 2009
Listed
May 21, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010