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Azela
Azela is 28 years old and is married with two children aged between 3 and 5 years old. Her business is well, clean and good. She sells notebooks, pens, books, etc., in her stationery store. She has two years experience in this business. Her business starts from 8 a.m. until 5 p.m. all week except on Sunday.

Azela has requested a loan from Kiva lenders via Vision Finance Company in order to expand her stationery store by buying more goods such as notebooks, pens, books, etc., in her store for resale. With any profit from the loan, Azela will expand her business and save for her family.

Additional Information

About Vision Finance Company s.a – Rwanda (VFC)

Vision Finance Company (VFC) was Kiva's first partner in Rwanda. Established in 1999, VFC is an affiliate of World Vision International. Since its founding, VFC has been committed to alleviating poverty in Rwanda by ensuring that poor people have access to credit to support business initiatives that will improve their life circumstances.

VFC has a broad set of products and services, offering Community Banking services for self-selected groups of 10-30 borrowers, Solidarity Group services for more experienced groups of entrepreneurs, and Individual Loans for customers who already have a small established business. Vision Finance is also among the very few financial institutions targeting farmers and providing agricultural credit options in Rwanda, where access to credit is critical to the success of agricultural enterprises.

About Rwanda

  • $1,000
    Average annual income
  • 38
    View loans »
    Rwanda Loans Fundraising
  • $13,303,700
    Funds lent in using Kiva
  • 595.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Azela to expand her stationery store by buying more goods such as notebooks, pens, books, etc., in her store for resale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 23, 2012