Theodosie owns a small shop that sells ikigage, a traditional beer made from sorghum. This business is profitable. Theodosie is now requesting a loan from Kiva lenders via Vision Finance Company to buy more sorghum to make the ikigage.
Theodosie's husband is a farmer, but his farm does not generate enough income to support his family, so Theodosie has decided to contribute to her family by selling the sorghum beer. Theodosie has an experience of six years in this field. Her business is open from 6:00 in the morning to 8:00 in the evening every day except Sunday.
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