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Claudine
Claudine is 35 years old and is married with seven children who are between 3 and 10 years old. She is well-known in the business of selling fruit which she starts very early in the morning, running until late in the evening hours. Claudine is very proud of her business as it allows her to provide daily food for her children.

Although Claudine has been in this business for about ten years, her original investment is still too low to earn enough profits which in turn can be used for further reinvestment in her business, improving her family situation, and saving for a better future. To end this, Claudine is requesting a Kiva loan via Vision Finance Company which hopefully will help her to achieve a lot.

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
  • 48
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 574.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Claudine to purchase a large quantity of additional fruit to sell.
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:
Sep 16, 2010