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Elisee is 37 years old, married with three children ages 2,6 and 9 and he takes care of one dependent. Elisee and his family live in Gisenyi, a city in the northern province of Rwanda. Gisenyi is on Lake Kivu and is approximately three hours drive from Kigali, the capital city of Rwanda. Here, Elisee has been a proven entrepreneur working as a carpenter for the past four years. In his business, he employs 5 people who start working from 7 AM to 6 PM every day except Saturday.

Elisee is requesting his first loan from Kiva lenders via Vision Finance Company for the purpose of purchasing some additional equipment and supplies to be used in his business. He expects that his work quality will improve with these additional items and supplies. With this additional equipment Elisee hopes to attract more customers as well as earn more profit than previously. With this profit, Elisee hopes that his life will change progressively as he can make more money through his efforts. Elisee plans to continue to pay school fees and provide more food for his children. In addition to that, he will set aside some savings for their future.

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
  • 2
    View loans »
    Rwanda Loans Fundraising
  • $15,573,075
    Funds lent in using Kiva
  • 566.4
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Elisee raw materiels and supplies for carpentry.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Nov 17, 2009
Dec 5, 2009
Currency Exchange Loss:
Aug 15, 2010