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Marie Rose
Marie Rose is 45 years old and is married with 4 children between the ages of 6 and 15 years old. She owns a business selling cows. She has been in this business for two years. She works from 7 am until 4 pm every day except on the weekend.

Marie Rose has requested a Kiva loan via Vision Finance Company in order to buy cows for resale. With any profits, she will be able to renovate her house and invest in her business.

Additional Information

More information about this loan

This loan helps support farmers in rural communities in Rwanda. The loan, which is available to both individuals and groups, is repaid in full at the end of the loan term, allowing borrowers to repay only after crops are harvested or livestock are sold. About 85% of Rwandans are employed in agriculture, but many formal financial institutions consider the sector to be too risky. VFC is one of very few financial institutions serving farmers and offering agricultural products that work with local harvest cycles. VFC also offers training on increasing crop yield and helps farming cooperatives access better agricultural inputs. By supporting this loan, you are helping rural Rwandan farmers improve their crop yield and ability to support their families.

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
  • 53
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 603.0
    Rwanda Francs (RWF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $500 helped Marie Rose to buy more cows for resale.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2012
Listed
Sep 27, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 6, 2013