This entrepreneur owns a tailor workshop where she makes various women's clothes for people in the area. She also makes school uniforms for primary students. She has 5 sewing machines and employs 2 people in the workshop. She earns about US$ 210 from the sewing workshop.
Annonciate is requesting a loan worth 500 000 Frws to buy more sewing materials for her workshop. This loan will be repaid in 8 months on a monthly basis.
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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