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Innocent
Innocent was born in 1969. He is married with six children between 8 and 15 years old. Innocent has a business supplying water in his region. This business is very profitable simply because his community needs this service a lot. Innocent employs six people in his business as helpers. Innocent is a young entrepreneur. He has three years of experience supplying water. The hours of his service are from 5 in the morning to 6 in the evening, every day except Saturday and Sunday.

Innocent is requesting a loan from Kiva lenders via Vision Finance Company in order to be a good supplier by purchasing some equipment used to supply water, like a tank that can be used to keep a lot of water. With this equipment, Innocent will be able to serve more customers at a time, which in turn, will allow him to obtain more profit.

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
  • 581.9
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Innocent to buy a tank for water.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2010
Listed
Mar 26, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010