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Benon is 29 years old, is married with two children, and takes care of two dependents. Both the children and dependents are aged between 4 and 8 years old. Benon and his family live in the Rwamagana district, which is approximately a one-and-a-half hour drive from Kigali, the capital city of Rwanda.

For the past two years, Benon has been in the business of selling packed foodstuffs that include soft drinks, cheese, sardines, etc.. He employs one person as an assistant in his daily business activities and the working hours are 6 a.m. to 7 p.m.

Benon is requesting his first loan from Kiva lenders via Vision Finance Company to purchase a fridge to be used in keeping his products safe and for a longer period. With these new funds, he hopes to provide quality goods to his customers and thus satisfy their needs.

Benon also plans to save a portion of his profits earned, and reinvest the rest in his business expansion. In addition, he will be getting more food for his family.

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
  • 12
    View loans »
    Rwanda Loans Fundraising
  • $15,423,225
    Funds lent in using Kiva
  • 570.3
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Benon to buy a fridge for his store.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Nov 20, 2009
Jan 1, 2010
Currency Exchange Loss:
Aug 15, 2010