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Faustin
Hello from Faustin in Rwanda! Faustin is 45 years old and married with seven children between the ages 10 and 27. He also has one adopted orphan. This is the first loan he has requested from Kiva lenders. He has 15 years of experience as a butcher and his shop is open from 6 am until 8 pm. Faustin runs a butcher business where he sells beef to the local people. He employs four people to help him run the business. A kilogram of beef costs 1800 Rwandan Francs ($3), and Faustin sells about 350 kilograms a day.

Faustin has requested a loan of 600,000 Rwandan Francs to be repaid in 10 months. He wants to buy two cows to slaughter during the upcoming Christmas festivals.

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
  • 30
    View loans »
    Rwanda Loans Fundraising
  • $14,165,950
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD