Chemsa U. runs a beauty salon in Kigali, the capital city of Rwanda. At 29 years old, Chemsa is married with three children (aged 2, 6, and 9). In order to expand her business, which makes her 100,000 Rwandan francs (FRW) per month, she requests a loan from Vision Finance Company of 500,000 FRW.
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.