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Francoise
Francoise is 30 years old and is still single. She lives in Nyarugenge, a region of Kigali, the capital city of Rwanda.

Francoise has been in the business of selling a variety of goods, mostly used at home, for about two years and the hours of her business are from 8 a.m. to 6 p.m. every day except Sunday.

Francoise is requesting a Kiva loan via Vision Finance Company for the purpose of expanding her business through purchasing a variety of items used at home as the photo indicates. With this loan, she will purchase more items, especially those used for cleaning the house and washing clothes, as those goods seem to be highly in demand. Francoise hopes that it will increase her sales as well as her profits.

With these profits, Francoise will reinvest them in the business for the purpose of building her secure future.

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
  • 50
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 570.3
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Francoise to buy additional goods for her store.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2010
Listed
Feb 16, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2010