Jean De Dieu
Although Jean de Dieu has been in this business for about two years, his original investment is still too low to earn enough profit from his sales. To end this, Jean de Dieu is requesting a Kiva loan via Vision Finance Company so that he can add cakes, cookies, and some other pastries. In addition, he will sell foodstuffs like rice, different types of flour, sugar etc. With this expansion, Jean de Dieu will be able to continue his life with a successful business. The savings from additional profits that are not reinvested in his business will allow him to build his future.
About Vision Finance Company s.a – Rwanda (VFC)
Vision Finance Company (VFC) was Kiva's first partner in Rwanda. Established in 1999, VFC is an affiliate of World Vision International. Since its founding, VFC has been committed to alleviating poverty in Rwanda by ensuring that poor people have access to credit to support business initiatives that will improve their life circumstances.
VFC has a broad set of products and services, offering Community Banking services for self-selected groups of 10-30 borrowers, Solidarity Group services for more experienced groups of entrepreneurs, and Individual Loans for customers who already have a small established business. Vision Finance is also among the very few financial institutions targeting farmers and providing agricultural credit options in Rwanda, where access to credit is critical to the success of agricultural enterprises.
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Success!! The loan was 100% repaid