She sells clothes and tissues to tailors who make outfits. Fatuma is an ambitious and courageous woman and she has many clients because of her quality products.
U. seeks her second loan from Vision Finance Company worth 600000 Rwf and this loan will be used to expand her business to respond to the needs of her clients.
Fatuma has no other income and is earning approximately $365 per month and hopes the loan will help increase her profits so she can reinvest in her business. Fatuma has 32 years experience in this business. She starts her daily operations at 8:00 a.m and finishes at 5:00 p.m.
About Vision Finance Company s.a – Rwanda (VFC)
Vision Finance Company (VFC) was Kiva's first partner in Rwanda. Established in 1999, VFC is an affiliate of World Vision International. Since its founding, VFC has been committed to alleviating poverty in Rwanda by ensuring that poor people have access to credit to support business initiatives that will improve their life circumstances.
VFC has a broad set of products and services, offering Community Banking services for self-selected groups of 10-30 borrowers, Solidarity Group services for more experienced groups of entrepreneurs, and Individual Loans for customers who already have a small established business. Vision Finance is also among the very few financial institutions targeting farmers and providing agricultural credit options in Rwanda, where access to credit is critical to the success of agricultural enterprises.
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