This butcher shop business chosen by Fidele is profitable because he has good marketing skills and has many years of experience in this field. Since 2001 his business has been open from eight in the morning to eight in the evening every day except Sunday.
Fidele is requesting a loan from Kiva lenders via Vision Finance Company in order to grow his business through purchasing great quantities of meat for sale. This will allow him to earn more profits.
Fidele, above all, plans to provide all the needs of his family, to save money for his child’s school fees, and to create another business activity for his wife; these are his targets.
About Vision Finance Company s.a – Rwanda (VFC)
Vision Finance Company (VFC) was Kiva's first partner in Rwanda. Established in 1999, VFC is an affiliate of World Vision International. Since its founding, VFC has been committed to alleviating poverty in Rwanda by ensuring that poor people have access to credit to support business initiatives that will improve their life circumstances.
VFC has a broad set of products and services, offering Community Banking services for self-selected groups of 10-30 borrowers, Solidarity Group services for more experienced groups of entrepreneurs, and Individual Loans for customers who already have a small established business. Vision Finance is also among the very few financial institutions targeting farmers and providing agricultural credit options in Rwanda, where access to credit is critical to the success of agricultural enterprises.
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Success!! The loan was 100% repaid