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.
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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