Faustin struggles to make a profit each month and believes that he does not carry enough variety of attractive goods. To this end, a small amount of additional capital would help his business to grow in a meaningful way, he believes. For that reason, he is requesting his first loan from Kiva lenders via Vision Finance Company to purchase these additional goods such as attractive dishes so that he may attract more and different customers and increase his sales in the process. If his notion to expand his product offering is successful, Faustin will be able to build his business and a more secure future for his family.
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.
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Success!! The loan was 100% repaid