This entrepreneur sells milk but her day starts as early as 5 am when she has to go board a taxi to go to buy milk for her clients. She transports it on a rental truck to her business area.
Virginie is requesting a loan worth 515 000 Rwf to buy more material such as a refrigerator, chairs and also to increase the quantity of milk she can buy. This loan will be repaid in 8 months on a monthly basis.
This entrepreneur appreciates the service given to her by Vision Finance Company s.a and she is ready to use the loan successfully and repay it according to VFC credit policies.
About Vision Finance Company s.a – Rwanda (VFC)
Vision Finance Company (VFC) was Kiva's first partner in Rwanda. Established in 1999, VFC is an affiliate of World Vision International. Since its founding, VFC has been committed to alleviating poverty in Rwanda by ensuring that poor people have access to credit to support business initiatives that will improve their life circumstances.
VFC has a broad set of products and services, offering Community Banking services for self-selected groups of 10-30 borrowers, Solidarity Group services for more experienced groups of entrepreneurs, and Individual Loans for customers who already have a small established business. Vision Finance is also among the very few financial institutions targeting farmers and providing agricultural credit options in Rwanda, where access to credit is critical to the success of agricultural enterprises.
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Success!! The loan was 100% repaid