Catheline is in the business of making windows and doors through joining metal items with a soldering machine. This is her second successful year in this business which she starts early in the morning, not finishing until late at 6 p.m. every day.
Catheline is requesting a Kiva loan via Vision Finance Company to purchase more soldering machines and metal items so that she can make more windows and doors. Catheline, by the use of this Kiva loan, hopes that her number of customers will be expanded and her customers will be interested in buying her products as she will make more good quality doors and windows.
Through the expansion of her business, Catheline and her family have a hope for the future.
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