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Constance
Constance is 54 years old and is married. She struggles in selling a variety of foodstuffs, mainly cassava flour, corn flour, rice, sugar, etc. This is her fifth successful year in this business and the hours of her business are from 8 a.m. to 6 p.m. every day.

Despite five years of experience in the business, Constance's capital is still too low to expand meaningfully, with the result that her profits are still too low. To end this, she is requesting a Kiva loan via Vision Finance Company s.a.

Once given this loan, Constance will expand her business through purchasing additional foodstuffs to sell. With these additional foodstuffs, her sales as well as her profits will increase. Thus, she will also be able to improve the living style 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
  • 57
    View loans »
    Rwanda Loans Fundraising
  • $15,325,750
    Funds lent in using Kiva
  • 589.2
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Constance to buy a large quantity of foodstuffs to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2010
Listed
Jul 28, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011