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Gorette
Gorette is 27 years old, married with two children who are 2 and 4 years old. Gorette and her family live in Nyarugenge district, one of the districts of Kigali, the capital city of Rwanda. In this area, Gorette operates a business selling new shoes, specifically shoes for women. This is her fifth successful year in this business. Her business is open from 8 AM until late in the evening hours.

Gorette needs to request a Kiva loan via Vision Finance Company for the purpose of expanding her business by adding men's and children's shoes as they seem to be in high demand. With this additional business, Gorette will hopefully earn more profits. With these profits, she has a goal of reinvesting in her business so that she can maintain the sustainability of her business and save for the future education of her children.

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
  • 62
    View loans »
    Rwanda Loans Fundraising
  • $15,272,975
    Funds lent in using Kiva
  • 589.7
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Gorette to expand store inventory.
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 20, 2010