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Amakuru (Greetings) from Ernest S. in Ruhengeri in the northern part of Rwanda! Ernest is 29 years old, married with 2 children.

Ernest owns a stock of sorghum. He buys the sorghum during the harvest time and keeps it in the store until the prices increase when it is in short supply and he can sell it to local breweries for making beer and to small local beer producers. The common local brew produced out of sorghum is Urwagwa, which is mostly drunk by local people in rural areas especially during wedding celebrations.

Besides the buying and selling of sorghum, Ernest also grows potatoes, which are commonly produced in the area where he lives because of the fertile volcanic soils in the region. He earns about US$ 140 every month from all his commercial activities. He employs 4 people in both his farm and in the selling of sorghum.

He is looking for a loan worth 515,000 Frws to buy more sorghum to increase his stock since he has the market to sell it to the local breweries, who otherwise make banana beer. This loan will be repaid in 8 months.

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
  • 38
    View loans »
    Rwanda Loans Fundraising
  • $15,198,425
    Funds lent in using Kiva
  • 553.8
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Ernest to Increase his stocks of sorghum.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Nov 14, 2008
Nov 9, 2008
Currency Exchange Loss:
Aug 15, 2009