Philomene is 26 years old, single and runs a well-organized business where she sells household items such as soap, rice, sugar, cooking oil, cake, drinks and pens. She is applying for this loan through Kiva to buy more items to sell to her customers, and intends to reinvest the profits in her business so that she can eventually earn enough money to build a house.
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.