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Bonifride
Bonifride is 41 years old and is married with six children who are between 6 and 20 years old. She has been a self-employed businesswoman selling foodstuffs since 2000 and her business hours are from 7 a.m. to 6 p.m. every day.

Although Bonifride has been in her business for about ten years, her capital is still too low to earn meaningfully. To solve this problem, she is requesting a Kiva loan via Vision Finance Company. With this loan, she will purchase a large quantity of foodstuffs such as peas, beans, wheat, etc.

With these additional foodstuffs, Bonifride will hopefully earn more profits which, in turn, will allow her to keep reinvesting for better financial stability in the future.

Additional Information

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.

About Rwanda

  • $1,000
    Average annual income
  • 43
    View loans »
    Rwanda Loans Fundraising
  • $13,302,075
    Funds lent in using Kiva
  • 585.0
    Rwanda Francs (RWF) = $1 USD