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Alfred
Alfred is 39 years old and is married with four children aged between 5 and 13 years old. Alfred owns a canteen selling bread, biscuits, cakes and drinks. This is his second successful year in this business and his work is open from 7 a.m. until 6:30 p.m. every day. He currently employees one person to help him.

Alfred has requested a Kiva loan via Vision Finance Company in order to purchase large quantities of food like bread, biscuits, cakes and drinks to sell. With this loan, Alfred will hopefully earn more profits, which in turn will allow him to keep reinvesting and saving for better financial stability.

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
  • 32
    View loans »
    Rwanda Loans Fundraising
  • $14,314,275
    Funds lent in using Kiva
  • 591.0
    Rwanda Francs (RWF) = $1 USD