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Clarisse
Clarisse is 22 years old and she is still single. She is well-known as a young entrepreneur selling a variety of clothes, mainly women’s clothes. This is her second successful year in this business which she operates from 8 a.m. to 6 p.m. every day.

Clarisse is now requesting a Kiva loan via Vision Finance Company for the purpose of expanding her business through adding a variety of styles such as men’s clothes as well as children’s clothes. With this additional business, she will hopefully earn more profits than previously.

With the increased profits, one portion will be used in building a secure future for her future family as she has a boyfriend ready to marry her, and the other portion will be used for further reinvestment in her business.

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
  • 64
    View loans »
    Rwanda Loans Fundraising
  • $15,267,900
    Funds lent in using Kiva
  • 581.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Clarisse to add a variety of styles such as men's and children's clothes.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2010
Listed
Mar 26, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010