Maurice opened a music studio and recording business just last year. He also sells musical instruments. Maurice is proud to be a self-employed businessman. The hours of his business require that he works from 8 AM to 6 PM every day except Sunday. He employs one person in his business as a helper.
Maurice is requesting his first loan from Kiva lenders via Vision Finance Company to expand his business by buying musical instruments to sell and buying a computer to compose and record music. Maurice hopes his customers will be pleased with these new offerings. With this loan, Maurice hopes he will be able to expand his young business into a thriving enterprise and continue to support his family and build a secure future for them.
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