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Innocent
Innocent A. is 23 years old, married, and has two children. He owns a business selling beans, sorghum, and maize. His business is well-known with two employees. Innocent has four years of experience in his business.

Innocent is requesting his first loan from Kiva lenders, via Vision Finance Company, which he will use to purchase a large quantity of beans, sorghum, and maize. These items will help him to satisfy his customers' needs. Innocent will able to earn more profits to reinvest in his business and he will pay school fees for his 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
  • 58
    View loans »
    Rwanda Loans Fundraising
  • $15,325,750
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Innocent to purchase beans, sorghum, and maize.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2011
Listed
Apr 6, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011