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Eugene H. is 25 years old. He is married and has 4 children ages 4 to 8 years old. He also cares for one dependent. Eugene lives Nyamagabe Center where he has a variety shop. He employs 2 people in his business and his shop is open from 7 AM to 6 PM every day.

After having operated his business successfully for 3 years, he is requesting his first loan from Kiva lenders via Vision Finance Company. He wants to expand his shop and buy additional goods, such as household staples and housewares, that he hopes will appeal to his current customers and attract new customers. All of these changes should result in a greater profit for his enterprise. With this profit, Eugene will pay his children's school fees and continue to build a secure future for his young family.

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
  • 565.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Eugene to buy rice, sugar, bath products, and housewares.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Nov 4, 2009
Nov 5, 2009
Currency Exchange Loss:
Sep 16, 2010