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Juvenal
Juvenal is 40 years old and is married with two children aged 4 and 15 years old. Juvenal has four years' experience selling various goods like soap, cooking oil, sugar, etc. The hours of his business are from 6am to 8.30pm per day each week and he currently employs one person to help him.

Juvenal has requested a loan from Kiva lenders in order to purchase various goods such as: soap, cooking oil, sugar, etc. to sell. With any profits from the loan, Juvenal would like to satisfy his family's basic needs and to start saving for his future.

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
  • 50
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 595.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Juvenal to purchase goods such as: soap, cooking oil, sugar, etc. to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 8, 2013