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Redempta
Redempta is 36 years old and is married with four children who are 3, 5, 10 and 13 years old. She is well-known as a wholesaler of sweets (candies). She has been in this business for about two years and she operates her business from early in the morning until late in the evening hours. She struggles much in her daily business so that she can get food for her children.

Redempta needs to request a Kiva loan via Vision Finance Company so that she can expand her business by adding the wholesale of cookies, biscuits and some other pastries. In addition, with this loan, she will start wholesaling soft drinks like soda, juice etc.

If successful, Redempta will continue taking care of her children as well as building a secure future for them. In addition she will start saving for further reinvestment in her business.

Additional Information

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.

About Rwanda

  • $1,000
    Average annual income
  • 38
    View loans »
    Rwanda Loans Fundraising
  • $13,303,700
    Funds lent in using Kiva
  • 581.5
    Rwanda Francs (RWF) = $1 USD