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Vedaste
Vedaste N. was born in 1973, married and he has 3 children aged between 6 and 2.

Vedaste has a saloon since 2002 in which he employs 7 people working from 7:00 A.M to 9h30’ P.M. Vedaste is requesting his first loan from Vision Finance Company s.a for the purpose of expanding his saloon in its size and purchasing many equipments to use in his saloon. With that expansion, Vedaste hopes to employe more than 7 people and get more profit than before.

By using this new loan, Vedaste hopes to change his life by saving for the future and getting more food for his 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
  • 57
    View loans »
    Rwanda Loans Fundraising
  • $15,325,750
    Funds lent in using Kiva
  • 567.4
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Vedaste purchasing more equipments.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2009
Listed
Sep 23, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2010