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Ignance
Ignance was born in 1972 and is married with two children: both are 14 years old. Ignance is a businessman and his wife works as a businesswoman. Ignance owns a business selling products made from timbers. His business is well known because he employs 20 people as helpers from his community. The hours of his business are from 6 in the morning to 5 in the evening, every day except for one day of the weekend.

Ignance is now requesting a Kiva loan via Vision Finance Company to expand his business by buying more wood. With this loan, Ignance will be able to make more wooden equipment and, with this business expansion, Ignance will be able to earn more profit.

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
  • 51
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 588.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Ignance to buy more wood for his business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2010
Listed
Oct 26, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011