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Laurence
Laurence is 35 years old and married with four children between 4 and 11 years old. She sells charcoal both wholesale and retail and is a proven entrepreneur. She has been running her business successfully for four years, and she works from 7 am until 6 pm every day. Laurence is pictured here in front of her sacks of charcoal which have been filled with coal and then stuffed with eucalyptus leaves.

Laurence has requested a loan to purchase more charcoal to sell. With this loan, Laurence hopes that her revenue will increase so she can save for her future and do her best for her children.

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
  • 59
    View loans »
    Rwanda Loans Fundraising
  • $15,230,800
    Funds lent in using Kiva
  • 588.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Laurence to buy charcoal.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2010
Listed
Dec 13, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011