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.
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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