This entrepreneur has seen her business grow over the past years and she is now selling food items. She buys beans, rice, and sorghum in tons (many kilograms) and keeps them in her warehouse where she sells them at an increased price when they are in short supply and during the planting season. Besides the business, she also plants beans for both home consumption and for sale.
She is requesting a loan worth 500,000 Frws to increase her food stocks and be able to make money to pay for her children’s school fees next year; they study in secondary schools. This loan will 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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