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Jean Damascene
Jean damascene is 39 years old and married. Jean damascene sells a variety of foodstuffs such as sorghum, beans, peas, maize, etc. He has been in this business for about 10 years and the hours of his business are from 7 am to 8 pm every day.

Jean damascene needs to shift his business from his residential area to the main market. To end this, he needs to request a Kiva loan via Vision Finance Company. This loan will allow him to purchase more foodstuffs for sale. Jean damascene hopes that with the use of this loan, if he manages to go and operate his business in the main market, his profits will increase to the extent that the living style of his family will also improve.

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
  • 589.2
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Jean Damascene to purchase a large quantity of foodstuffs such as rice, maize, beans, etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2010
Listed
Jul 28, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011