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Daphrose
Daphrose is 32 years old. She is married and has four children, between 7 and 11 years old. Daphrose sells clothes and has been in this business for about twelve years. She keeps her business open from 8 am until 8 pm every day with two people to help her.

Daphrose needs to request a Kiva loan via Vision Finance Company. With this loan, Daphrose will purchase different styles of clothes to sell in her business. With this loan, she hopes to earn more profit, which in turn will allow her to keep reinvesting for better financial stability and to pay children's school fees.

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
  • 48
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 629.1
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Daphrose to purchase different styles of clothes for sale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2012
Listed
Nov 26, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 11, 2013