Angeline is a widow who is 43 years old and takes care of two children with the following years old: 16, and 19. Angeline has been selling charcoal for the past five years and She earns a monthly profit of 80,000 RWF by working from 6:00 AM to 8:00 PM.
Angeline is requesting her first loan of 500,000 RWF From Vision Finance Company s.a
With this requested loan, Angeline hopes to expand her business through purchasing more charcoal for sales.
Through accessing this new loan, believes to get more food for her family and paying school fees to her children.
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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