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Florence
Florence is 33 years old and is married with one child who is 2 years old. Florence owns a sewing business and also sells various goods such as: Fanta, cakes, sugar, etc that she operates from her work from 6 a.m until 5 p.m every day each week, except on the weekend. She currently employs one person to help her and she has two years of experience in this business.

Florence has requested a loan from Kiva lenders via Vision Finance Company in order to buy some goods for her store like: Fanta, cakes, sugar, etc and to buy some materials and machines for her sewing to get more profits. She plans to use any profits generated from this loan to satisfy her family's basic needs, to save money for her future and to reinvest in her 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
  • 47
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 627.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Florence to buy some goods for her store like Fanta, cakes, sugar, etc and to buy some materials and machines for her sewing business to get more profits.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2012
Listed
Nov 8, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 1, 2014