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Caritas
Greetings from Kigali-Rwanda,

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.

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
  • 47
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 564.6
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Caritas more products.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 24, 2009
Listed
Aug 21, 2009
Currency Exchange Loss:
Possible
Ended:
May 15, 2010