Mediatrice owns a business selling maize flour. She has been a businesswoman for a long time, obviously, because she has an experience of ten years in her business. However, even though she is seasoned in her business, she is not able to satisfy her customers.
Mediatrice is now requesting a loan from Kiva lenders via Vision Finance Company to be used in her business. With this loan, she will be able to attract more customers which will help her to earn more profits through selling larger quantities.
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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