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.
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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