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Speciose
Speciose is 36 years old and is married with five children aged between 5 and 14 years old. She also takes care of two relatives. Her business is well-organized and is well known as a shop that sells various shoes, such as those for seniors and children. Her business hours are from 8 a.m. until 7 p.m. every day and she currently employs two persons to help her.

Speciose has requested a Kiva loan via Vision Finance Company in order to increase her business by buying more senior's and children's shoes. Any profits will be reinvested in her business and saved for her future. Speciose hopes also to buy three motorcycles to help her in the future with her profits.

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
  • 59
    View loans »
    Rwanda Loans Fundraising
  • $15,325,750
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Speciose to purchase more senior's and children's shoes to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2011
Listed
Sep 30, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012