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Elie
Elie is 39 years old and is married with four children. He is well-known in the business of selling Irish potatoes and has been in this business for a long time. He is very proud of his business. His business hours are from early in the morning until late in the evening.

Elie needs to request a Kiva loan via Vision Finance Company to satisfy the demand of his customers by purchasing a large quantity of Irish potatoes for sale. With these additional sacks of Irish potatoes, he will hopefully earn more profits than previously. He really hopes that he will be able to keep reinvesting for better financial stability and continue taking care of his family.

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
  • 63
    View loans »
    Rwanda Loans Fundraising
  • $15,230,800
    Funds lent in using Kiva
  • 586.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Elie to buy a large quantity of Irish potatoes to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2010
Listed
Sep 30, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011