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Benon
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

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.

About Rwanda

  • $1,000
    Average annual income
  • 49
    View loans »
    Rwanda Loans Fundraising
  • $12,343,975
    Funds lent in using Kiva
  • 570.3
    Rwanda Francs (RWF) = $1 USD