Charles is old man who is 57 years old. He is married and has three children, ages 8, 14, and 18. Charles and his family live in the Kicukiro District, Kigali Province in the village Kanombe near the international airport in Rwanda. This is also the place where his business is location.
Charles, alone, works to provide for the basic needs of his family by selling various styles of clothes. Charles chose this business because it is profitable and easy. His business is very organized. Charles employs two people as helpers in his business so that his business runs smoothly.
Charles is requesting a loan from Kiva lenders via Vision Finance Company to expand his business by purchasing an various additional clothes. His business is known in his region. He needs to expand his product line to satisfy his customers by offering them the good quality clothes in various styles. The profits that Charles expects to obtain will help him to save money for his family and pay the school fees for his children.
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.