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Telesphore
Telesphore is 25 years old and is married with one child. He owns a business selling various goods such as rice, sugar, lotions, soap, toothpaste, etc. He has three years of experience. His business is open from 6 a.m. until 9 p.m. every day except on Sunday each week. Telesphore currently employs two people to help him.

Telesphore has requested a Kiva loan via Vision Finance Company in order to buy various goods for resale, such as sugar, rice, lotions, soap, and toothpaste. Through this expansion, Telesphore will be able to earn more profit, which will be used to expand his general store and save 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
  • 29
    View loans »
    Rwanda Loans Fundraising
  • $14,165,950
    Funds lent in using Kiva
  • 629.0
    Rwanda Francs (RWF) = $1 USD