Aboubakar is a true entrepreneur and has been operating his business successfully since 2004. He owns a house where he has sewn different models of clothes since 2004. His business is open from 7 a.m. to 6 p.m. every day and he employs two people in his business.
Aboubakar is now requesting his first loan from Vision Finance Company for the purpose of purchasing more sewing machines as well as creating more jobs for more people, which will help him to increase the profit. Then, through that profit, he will be able to save for the future.
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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