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Innocent
Innocent is 33 years old and married with three children, ages 2, 4 and 7. Innocent's wife is a farmer. Even though this activity does not bring in more money, it is helpful for the family. Both of them work hard in order to provide all the basic needs of their family. Innocent himself has chosen to be a businessman simply because it is more profitable than agriculture. Innocent is seasoned in this career. This is his fifth successful year in business. His shop is open from 6 in the morning to 6 in the evening, every day except on Sunday.

Innocent is now requesting a loan from Kiva lenders via Vision Finance Company for the purpose of growing his business and resolving some family problems such as school fees for his children and other needs like good quality food. This loan will be helpful for his family and for his community, who will be satisfied by the products from his shop.

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
  • 581.9
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Innocent to expand his business and for school fees, etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2010
Listed
Mar 25, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010