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Elizabeth
Elizabeth is 39 years old and is married with four children between ages 6 and 14. Elizabeth is well-known in her area for selling cosmetics, mainly body lotion. This is her third year in this business, which is open from 8 am until 7 pm every day.

Elizabeth has requested a Kiva loan via Vision Finance Company to expand her business by adding more cosmetic products. Her neighborhood is the right place to sell cosmetics because there are boarding schools in the area and many students who like to buy cosmetics. With this business expansion, Elizabeth will keep saving for further reinvestment in her business.

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
  • 50
    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 $875 helped Elizabeth to buy cosmetics to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2010
Listed
Dec 15, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011