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Alex is 47 years old. He has a wife and four children who are between 12 and 17 years old. Alex is known in the business of selling drinks and he has been in this business for about 10 years. The hours of his business are from 6 am to 10 pm every day.

Although Alex has been in this business for a long, his capital is still too low as well as his profits. To end this, Alex needs to request a Kiva loan via Vision Finance Company, which in turn will allow him to increase the sales as well as the profits. With these profits, Alex hopes to start saving as well as reinvesting in his business which hopefully will result in helping him to continue paying school fees for his children and building a secure future for them.

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
  • 56
    View loans »
    Rwanda Loans Fundraising
  • $15,325,750
    Funds lent in using Kiva
  • 581.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Alex to buy additional drinks to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Mar 25, 2010
Mar 26, 2010
Currency Exchange Loss:
Dec 15, 2010