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.
More information about this loan
This loan is part of Vision Finance Company's Koramuhinzi ("Farmer, please work") program designed to serve poor entrepreneurs working in agriculture and livestock in rural communities. This type of loan, 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.
This flexibility is critical in Rwanda where 85% of the population is employed in agriculture, but many formal financial institutions consider the sector to be too risky to invest. By funding this loan, you are expanding opportunity to farmers with limited options.
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.