Theodosie is well-known in the business of selling a variety of drinks and this is her sixteenth successful year in this business. Her business operates mostly in the afternoon hours until late in the evening.
Theodosie, after realizing that her capital is too low to expand meaningfully, would like to request a Kiva loan via Vision Finance Company. Once given this loan, she hopes that her sales and her profits will increase.
If successful, Theodosie will keep expanding her business till she becomes financially stable and, in addition to that, she will be able to keep satisfying all the basic needs of her family.
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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