Although Anastase has been in the butcher business since 2003, his capital reserves are still too low to adequately satisfy the product needs and wants of his customers. He believes that a certain amount of additional capital to grow his business would allow him to offer more product and better quality.
For that reason, Anastase is requesting his first loan from Vision Finance Company and Kiva lenders to be able to purchase more weight of meats for sale which will bring him more revenue and, hopefully, more profit as well.
With this loan, and a successful business strategy, Anastase hopes to build a secure future 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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