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Felecien R. is 30 years old and single. He cares for two dependents aged 19 and 23. Felecien lives with his parents in Bugesera district, a western province of Rwanda.

Felecien has owned his bakery since 2006. His shop is open everyday from 6 a.m. to 8 p.m. and employs three people. His projected monthly profit from his business is 180,000 RWF (approximately US$300).

Felecien is requesting his first loan from Vision Finance Company in order to expand his business through purchasing additional equipment for making large quantities of bread.

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
  • 9
    View loans »
    Rwanda Loans Fundraising
  • $15,423,225
    Funds lent in using Kiva
  • 569.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Felecien to buy additional baking equipment.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Sep 24, 2009
Oct 21, 2009
Currency Exchange Loss:
Jun 17, 2010