Although Anisie has been in business for about 5 years, her capital is still too low to expand meaningfully. To address this, she needs to request a Kiva loan via Vision Finance Company to purchase a large quantity of foodstuffs such as rice, Irish potatoes, beans, etc. If successful, Anisie will hopefully increase her sales as well as profits. This, in turn, will allow her to keep reinvesting for better financial stability and will improve the standard of living 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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Success!! The loan was 100% repaid