This client started his agricultural business in 2004 with a loan worth US$ 100 from Vision Finance Company. He has been paying his previous loans on time and he is currently on the 6th loan cycle. He grows various fruit such as passion fruit, avocados, oranges, pineapples, etc. Besides growing fruit, he also raises cows that produce milk and manure for his gardens.
He employs 4 people in his business and is looking for a loan worth 300,000 Frws to buy more manure to fertilize his gardens for fruit and to grow grass for his cows. He will be selling milk from the cows as added income. He is therefore requesting a loan worth 300,000 Frws. The loan term is 8 months, repaid monthly.
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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