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Vestine
Vestine is 30 years old and is married with two children who are 1 and 3 years old. She is commonly known in the business of wholesaling cosmetics products including body lotion, Colgate (toothpaste), etc. Vestine has been in this business for about three years.

Vestine is now requesting a Kiva loan via Vision Finance Company for the purpose of expanding her business by adding more products that she can wholesale in her business. Those additional products will include a variety of jewelry, hygienic papers, etc. In addition, Vestine plans to start wholesaling a large quantity of sugar, as it seems to be highly in demand in her village.

Through the access of this loan, Vestine has a hope for the future.

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
  • 58
    View loans »
    Rwanda Loans Fundraising
  • $15,230,800
    Funds lent in using Kiva
  • 574.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Vestine to add more products that she can wholesale in her business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2010
Listed
Mar 24, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010