Check out some available loans that are similar to this one!
Julie
Julie is 41 years old, married with five children, aged between 1 and 13 years old. Julie and her family live in Nyarugenge district, one of the districts of Kigali, the capital city of Rwanda. Julie makes a living selling a small quantity of soft drinks (juice) and some cakes in her small shop in order to earn the daily food of her family. The hours of her business are from 6 AM until late in the evening hours.



Julie has an idea of expanding her shop through adding a variety of drinks such as sodas and many kinds of juice plus food supplies such as cookies, cakes, etc... To this end, she would like to request a Kiva Loan via Vision Finance Company. Once she gets this loan, she hopes that by purchasing a variety of soft drinks and food supplies, her customers will increase as well as the profits. With these profits, she will of course use one portion taking care of her family then the other portion will be used in keeping up the sustainability of her business.

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
  • 54
    View loans »
    Rwanda Loans Fundraising
  • $15,328,600
    Funds lent in using Kiva
  • 589.7
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Julie additional soft drinks and some food supplies for sale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2010
Listed
Feb 25, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2010