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Marie
Marie is 56 years old, married with three children who are 24, 26, and 35 years old. Marie is widely known as a self-employed businesswoman selling a variety of goods in her shop mainly tomatoes, juice, soda, biscuits, etc. She has been working hard at this business for about 5 years and the hours of her business are from 6 am to 6 pm every day.

After realizing that a large number of her customers were suggesting to her to sell foodstuffs, mainly rice, Irish potatoes, and beans, Marie decided to request a Kiva loan so that she can satisfy the demand of her customers through selling the above-mentioned goods. With this additional business, Marie will hopefully earn more profits, which in turn will allow her to keep reinvesting in her business as well as taking care of her family.

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
  • 47
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 574.1
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Marie the purchase of foodstuffs for resale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2010
Listed
Apr 29, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011