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Pelagie
Pelagie is 26 years old and is married with two children, ages 1 and 6 years old. Her business is well-organized and she sells sacks of sorghum for making local soft drinks. She employs two people to help her. Her business operates from 6am until 7pm every day except on the weekend. She has two year`s experience in this business.

Pelagie has requested a loan from Kiva lenders in order to purchase more sacks of sorghum to sell. With any profits, she will expand her business and she will be able to save for the future.

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
  • $15,328,600
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Pelagie to purchase more sacks of sorghum to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2011
Listed
Apr 6, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011