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Jean Bosco
Jean Bosco is 30 years old and is married with three children aged 2, 4 and 6 years. He is commonly known as a self-employed businessman selling a large quantity of beer. He has been in this business for about three years and the hours of his business are from 7 a.m. to 7 p.m. every day.

Jean Bosco needs to request a Kiva loan via Vision Finance Company with a target of expanding his business through adding soda to his inventory. With the use of this loan, He hopes to start wholesaling to the retailers.

Jean Bosco, with this business expansion, hopes that he will earn more profits, which in turn will be used for further reinvestment, for taking care of his family, and to start saving for their future.

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
  • 581.7
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Jean Bosco to buy a large quantity of beer.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2010
Listed
Apr 29, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011