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Theodore
Theodore is 36 years old and is married with one kid of 3 months. He and his family live in Gakenke, in the Northern Province of Rwanda.

For one year, Theodore has been in the business of selling drinks made from sorghum and he employs two people in his business. The hours of his business are from 6 a.m. to 5 p.m. every day except Sunday.

Theodore is now requesting a loan from Kiva lenders via Vision Finance Company for the purpose of adding to his capital and purchasing more sorghum, as the demand of his customers keeps growing.

With this loan, Theodore hopes that his number of customers will increase as well as his profits, which in turn will help him and his devoted wife to build their own house.

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
  • 63
    View loans »
    Rwanda Loans Fundraising
  • $15,230,850
    Funds lent in using Kiva
  • 567.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Theodore to buy more raw materials for making drinks.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2010
Listed
Jan 25, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010