Jean, after realizing that the number of his customers has increased, wants to open another business area where he will operate the same business. To end this, he is requesting a Kiva loan so that he can purchase an additional grinding machine.
With this additional machine, Jean hopes that he will be able to satisfy his customers and, in addition to that, earn a lot of profits. These profits will hopefully allow him to continue taking care of his family and start saving for his future.
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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