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Jean Claude
Claude is 31 years old and is married with two children, ages 2 and 5. Claude owns a business selling rice, sugar, beans, sorghum and potatoes.

He has six years in this business. His hours of work are from 7 a.m. until 5 p.m. every day. He currently employs one person to help him.

Claude has requested a Kiva loan via Vision Finance Company in order to increase his business by buying more rice, sugar, beans, sorghum and potatoes to sell. With any profits, he will be able to save in his future and to reinvest in his business.

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
  • 37
    View loans »
    Rwanda Loans Fundraising
  • $15,198,425
    Funds lent in using Kiva
  • 596.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Jean Claude to purchase more rice, sugar, beans, sorghum and potatoes to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 1, 2011
Listed
Nov 8, 2011
Currency Exchange Loss:
Possible
Ended:
May 8, 2013