Theogene is commonly known in the business of selling a variety of drugs in his pharmacy and he has been in this business for about three years. The hours of his business are from 8 a.m. to 5 p.m. every day.
Theogene is now requesting a Kiva loan via Vision Finance Company which will allow him to expand his pharmacy through purchasing a large quantity of drugs to sell as well as satisfying the demand of his customers.
With this business satisfaction, Theogene will hopefully earn more profits which, in turn, will allow him to keep reinvesting in his business for better financial stability. In addition, he will be able to continue to take care of his family.
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.
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Success!! The loan was 100% repaid