This entrepreneur operates her business in her home where she makes outfits and other types of clothes and repairs clothes. This entrepreneur had been doing the same business since 1999. She starts her daily operations at 8:00 PM and finishes at 11:00 PM. She obtains approximately $185 a month and she has hired one employee who helps her run the business.
Rose is seeking her first loan worth 500,000 RWF from Vision Finance Company S.A, the partner of World Vision Rwanda. With the loan, Rose will buy more tissue and cloth to make outfits and she hopes to continue expanding the business with the increased profit from the loan.
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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