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Devota
Greetings from B. DEVOTA, a 40-year-old married woman with eight children born in 1992, 1994, 1996, 1998, 2000, 2002, 2004, and 2006 and 12 dependents. This big family lives in Kicukiro district of Kigali city, the capital of Rwanda.

This entrepreneur does her business in Kicukiro where she sells her food. B. Devota has been doing the same business since 2000 and she obtains a monthly profit of $272. She has twelve full-time workers that help her run her business. She starts her daily operations at 9:00 AM and finishes at 9:00 PM.



B. Devota is seeking her first loan of 500,000 RWF from Vision Finance Company SA and with this loan, she intends to buy a lot materials. With the increased profit from the loan, she hopes to reinvest in the same business.

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
  • 53
    View loans »
    Rwanda Loans Fundraising
  • $15,328,600
    Funds lent in using Kiva
  • 568.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Devota to purchase more ingredients.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2009
Listed
Jul 31, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010