Daniel started his business one year ago. Daniel owns a carpentry workshop where he offers different activities such as selling timber, constructing furniture, woodworking and repairing objects made out of wood. He employs 4 people to help him to run his business.
This entrepreneur is requesting a loan worth 500,000 Rwf, which will help him to expand his business and also to buy more material for his business. 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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