Jean Damascene owns a shop where he sells various items such as bags of sugar, beans, maize flour, cassava flour, exercise books and pens for school children, powdered soap, household utensils, etc. He employs one person to help run the business. Besides running his shop, he also grows various food crops such as potatoes, cabbage, and tomatoes for sale to increase his income.
He is applying for a loan worth 515,000 Frws to increase his stock by buying more household utensils and also manure to fertilize his garden for more production. This loan wil be repaid in 8 months.
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.
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