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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

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
  • 64
    View loans »
    Rwanda Loans Fundraising
  • $15,230,850
    Funds lent in using Kiva
  • 585.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Bonifride to buy a large quantity of foodstuffs such as peas, beans, wheat, etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2010
Listed
Sep 29, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011