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Herman is 22 years old, is single, and still lives with his parents. He owns a small business selling various cosmetics products and this is his 5th year of successful operation. This business is profitable in his region because it is a big center where they need this kind of product.

Herman is organized as well as well-known. He employs one person in his business as a helper so that his business runs smoothly.

Herman is now requesting a loan from Kiva lenders via Vision Finance Company in order to expand his business through purchasing new products such as foodstuffs and other products which are needed in his community. This loan is very important to him because he will be able to save money from selling more products and buy his own house.

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
  • 53
    View loans »
    Rwanda Loans Fundraising
  • $15,328,600
    Funds lent in using Kiva
  • 574.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Herman to expand his business by purchasing new products such as foodstuffs and other products.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
May 17, 2010
May 20, 2010
Currency Exchange Loss:
Feb 15, 2011