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Fidel is 31 years old and is married with one child of his own and two more whom he takes care of. Fidel owns a paper mill where he sells different kinds of books. His business is well known, as well as organized. He employs one person as a helper and has two years of experience in this work.

Fidel has requested his first loan from Kiva, via Vision Finance Company, in order to purchase more kinds of books to sell. This will help him to satisfy his many customers. Fidel will be able to earn more profits, which can be reinvested in his business, and he will save for his 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
  • 18
    View loans »
    Rwanda Loans Fundraising
  • $15,715,100
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Fidel to expand his paper mill.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Apr 5, 2011
Jun 1, 2011
Currency Exchange Loss:
Jan 15, 2012