Eric is 31 years old, single, and takes care of two dependents. Eric has been in the business of selling charcoal for about 1 year but his original investment as well the profits earned from his business are still too low.
Eric plans to set up another warehouse containing a large number of sacks of charcoal for sale. He is therefore requesting a Kiva loan, which he hopes will allow increasing his sales as well as his profits. With these profits, he will sustain his business and in addition will start building his own house.
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.