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Vanessa
Vanessa, 34, is married with one child. Her husband works as a driver. She sells bags and other goods in the Nyarugenge district of Rwanda. She has been in this business for about three years and her shop is open from 7am to 6pm every day except Saturdays.

Vanessa will use this loan to expand her business by adding more goods. Any profits made from the use of this loan will be reinvested in her business and she will be able to buy her own house for the family.

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
  • 63
    View loans »
    Rwanda Loans Fundraising
  • $15,230,850
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Vanessa to buy more bags for resale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011