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.
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.
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Success!! The loan was 100% repaid