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Philima is 33 years old and married with one child who is five years old. He has been selling clothes and umbrellas for ten years and works every day from 9 am until 4 pm. He employs two people to help him.

Philima has requested a loan from Kiva field partner Vision Finance Company in order to expand his business by buying more clothes and umbrellas to sell. He plans to reinvest in his business and save money for his future.

Additional Information

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

  • $1,000
    Average annual income
  • 42
    View loans »
    Rwanda Loans Fundraising
  • $13,772,850
    Funds lent in using Kiva
  • 629.1
    Rwanda Francs (RWF) = $1 USD