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Eugene was born in 1982. He is single. He is the only one in his family who works. For that reason, Eugene works hard in order to provide everything necessary for his family. Eugene owns a small business selling various products such as cooking oil, bread, cosmetic products and so on. Eugene is seasoned in his business because he has three years of experience. He employs one person from his community as a helper. The hours of his shop are from 6 in the morning to 10 in evening every day.

Eugene is now requesting a loan from Kiva lenders via Vision Finance Company in order to expand his business through purchasing more products for his shop. Eugene hopes to earn more profits, which will allow him to save money for his 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
  • 2
    View loans »
    Rwanda Loans Fundraising
  • $15,557,575
    Funds lent in using Kiva
  • 592.3
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Eugene to expand his business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jul 14, 2010
Jul 27, 2010
Currency Exchange Loss:
Apr 15, 2011