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Claudette
Claudette is 41 years old and is married with three children who are 5, 7 and 11 years old. Claudette and her family live in Rulindo, a region of Ruhengeli situated in the Northern Province of Rwanda. Here, Claudette operates a business selling charcoal and this is her third successful year in this business.

When Claudette started her business, her clients were few but now the number of them has increased to the extent that she is unable to satisfy them. To end this, Claudette is requesting a Kiva loan via Vision Finance Company so that she can purchase more sacks of charcoal for her business.

With this business expansion, Claudette hopes to earn more profits. With these profits, she will continue to take care of her family as well as saving for her 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
  • 48
    View loans »
    Rwanda Loans Fundraising
  • $15,230,800
    Funds lent in using Kiva
  • 570.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Claudette to buy additional sacks of charcoal.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2010
Listed
Feb 18, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010