Philippe is 32 years old, married and has three children. He makes a living by running a small shop where he sells a variety of goods such as juice, soaps, body lotion and cooking oil. He has been in this business for two years, is doing quite well and now has one employee. He has applied for this loan to expand his business by buying food items such as rice, beans, peas, and Irish potatoes. With these additional items to sell, Philippe hopes that his profits will increase and he will be able to better care for his family. He expresses his sincerest thanks to Kiva and Vision Finance for supporting his business.
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.