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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

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.

About Rwanda

  • $1,000
    Average annual income
  • 25
    View loans »
    Rwanda Loans Fundraising
  • $13,391,375
    Funds lent in using Kiva
  • 569.0
    Rwanda Francs (RWF) = $1 USD