Caritas M. is a widow of 41 years old, has 5 children and she has been in business of shopping for the past 5 years.
Caritas is requesting her third loan of 500,000 RWF from Vision Finance Company. With her two previous loans,she was able to expand her business through purchasing beers for sales and she is proud of that. Now with this loan, she hopes to create 4 jobs and with the more profits she will getting, she plans to help her husband to have a strong family.
Through accessing this loan, Caritas has hope for the future of her family.
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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