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Marceline
Marceline M. is 33 years old and is married with four children aged 4 through 11. She and her family live in the Nyamagabe district of the Gikongoro province of Rwanda where her business of selling general vegetables and fruits is located.

Marceline has been a successful businesswoman for the past eight years and her shop is well regarded by the locals. Her shop is open from 6 a.m. to 6 p.m. every day.

Marceline is requesting her second loan from Vision Finance Company and Kiva lenders in order to expand her business. She plans to purchase greater quantities and varieties of foods for sale which she believes her customers will want to buy. Through accessing this loan, she plans to increase her monthly profits, which will help her to pay school fees for her four young children.

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
  • 48
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 565.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Marceline to buy more fruit, produce and general foods to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 3, 2009
Listed
Nov 5, 2009
Currency Exchange Loss:
Possible
Ended:
Jul 21, 2010