Asiya is requesting her first loan from Vision Finance Company and Kiva lenders in order to expand her business through purchasing some other attractive clothing styles for sale as well as additional sizes and colors. With this loan, Asiya hopes to attract more customers to her shop and hopefully earn more profit in the process. This, in turn, will allow her and her devoted husband to move closer to their dream of buying a house of their own - also, it will allow her to provide more and better food for her family and her dependent.
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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Success!! The loan was 100% repaid