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Rose
Rose M. is 43 years old. She is a widow and takes care of six children aged 10 through 20. She lives in Nyarugenge district, in Kigali, the capital of Rwanda.

Rose has owned a small shop selling clothing and sewing items since 2006. She works alone in the store during the hours it is open: from 8 a.m. to 7 p.m. each day.

Rose is requesting her first loan from Vision Finance Company in order to expand her business through purchasing additional materials and clothes for sale and, hopefully, to make a greater monthly profit.

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
  • 65
    View loans »
    Rwanda Loans Fundraising
  • $15,230,800
    Funds lent in using Kiva
  • 569.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Rose to buy additional materials and clothes.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2009
Listed
Oct 21, 2009
Currency Exchange Loss:
Possible
Ended:
Jul 21, 2010