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Selina
Selina is 39 years old and is married, with two children who are 1 and 3 years old. She also takes care of two relatives. Selina is a self-employed businesswoman selling a variety of goods, as her photo indicates. Among those goods are cosmetic products like body lotion and Colgate (toothpaste), and foods like rice and sugar.

Selina has requested a Kiva loan via Vision Finance Company in order to expand her business by purchasing a large quantity of sugar and rice, as they are highly in demand. With this large quantity she will also start wholesaling. In doing so, Selina hopes to earn more profits. That will allow her to renovate her house and continue to pay school fees for her two relatives as well as to build a secure future for her two 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
  • 53
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 590.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Selina to purchase a large quantity of sugar and rice.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2011
Listed
Mar 10, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011