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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

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.

About Rwanda

  • $1,000
    Average annual income
  • 36
    View loans »
    Rwanda Loans Fundraising
  • $13,303,700
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD