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Monique
Monique is 34 years old and is married with two children who are 6 and 9 years old. She is commonly known for selling body lotion, rice, sugar, etc. Her business hours are from 7 am until 6 pm every day, and she has four years of experience in this business.

Monique has requested a Kiva loan via Vision Finance Company in order to expand her business by purchasing more body lotion, sacks of rice, sacks of sugar and cooking oil. Monique will hopefully earn more profits, which in turn will allow her to keep reinvesting for better financial stability, and she will keep providing all the basic needs for her family.

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
  • 46
    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 Monique to purchase more body lotion, sacks of rice, sacks of sugar and cooking oil.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2011
Listed
Nov 4, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 23, 2012