Eugenie is a self-employed businesswoman owning a shop selling Irish potatoes. This is her tenth successful year in this business. The hours of her business require that she work from early in morning until late in the evening.
Eugenie is requesting her first loan from Kiva lenders via Vision Finance Company in order to purchase a large quantity of Irish potatoes so that she can satisfy the demands of her customers. With this loan, Eugenie hopes to earn more profit than before.
Eugenie will reinvest a portion of her profit in the business so that she can be financially stable and save some for the future of her family.
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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