Check out some available loans that are similar to this one!
Ramadhan
Ramadhan is 30 years old and is married with two children aged 3 and 8 years. Ramadhan, after facing a financial problem, thought of starting his own business. This business is the sale of foodstuffs including Irish potatoes. He started this business in 2000 and the hours of his business are from 7 a.m. to 6 p.m. every day.

Ramadhan is a proven entrepreneur and he spends a lot of time in keeping his business more stable as well as profitable. After realizing that his working capital in not enough for this purpose, he would like to request a Kiva loan via Vision Finance Company. He will use the loan to buy a large quantity of Irish potatoes and some other demanded foodstuffs.

If Ramadhan’s plan of increasing his business is successful, he hopes to save some of his profits in order to reinvest them in his business and to continue building a better living 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
  • 46
    View loans »
    Rwanda Loans Fundraising
  • $15,230,800
    Funds lent in using Kiva
  • 571.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Ramadhan to buy a large quantity of Irish potatoes and other foodstuffs.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2010
Listed
Jan 29, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010