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Christine
Christine is 24 years old and married with one child who is three years old. Christine owns a small business selling tomatoes, onion and cooking oil. These are very common foodstuffs used by all families in Rwanda. Christine works hard in order to improve her economic situation. The hours of her business are from 7 in the morning until 8 in the evening every day. Christine is very new to this business and has been working in the food market for only eight months.

Christine has requested a loan from Kiva lenders via Vision Finance Company in order to expand her business by purchasing more tomatoes and other foodstuffs, which can help her attract more customers. Christine hopes the business will be profitable, as she would like to purchase a motorbike.

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
  • 53
    View loans »
    Rwanda Loans Fundraising
  • $15,328,600
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Christine to purchase more tomatoes and other vegetables to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2010
Listed
Nov 26, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011