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Phanuel
Muraho ("Hello”) from Phanuel M. in Buliza, Gasabo district, Kigali, the capital city of Rwanda! Phanuel is 28 years old and still single.

Phanuel operates a small video library and he also provides various sound material for rent, earning about US$ 195 per month.

This entrepreneur is requesting a loan worth 500 000 Rwf. This loan will be used to buy more materials for his business and will be repaid in 8 months on a monthly basis.

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
  • 59
    View loans »
    Rwanda Loans Fundraising
  • $15,325,750
    Funds lent in using Kiva
  • 574.7
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Phanuel buying more materials for his business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 15, 2009
Listed
Jan 12, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009