Fabien has owned a motorcycle since 2005 which he uses for his transportation business. He is very proud of his motorcycle as it allows him to earn money for taking care of his family.
Although Fabien has owned his motorcycle for about five years, his savings are still too low to buy another motorcycle. To solve this problem, he needs to request a Kiva loan via Vision Finance Company. Added to his savings, this loan will hopefully allow him to buy another motorcycle.
With this second motorcycle, Fabien really hopes that his profits, as well as his savings, will be improved.
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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