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Innocent
Innocent is 31 years old and is married with three children between 3 and 8 years old. Innocent sells a vareity of merchandise in his business such as cooking oil, body lotion, bread, soap, juice and so on. Innocent has had his business for six years. His business is well organized.

Innocent has requested a loan from Kiva via Vision Finance Company in order to expand his business by purchasing more foodstuffs like sugar, rice, cooking oil and so on. With his profit, he will be able to build his own house and to reinvest in his business.

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
  • 51
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Innocent to puchase more goods like cooking oil, body lotion, bread, juice, and soap.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2011
Listed
Jun 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012