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Betty
Greetings from Betty U. in Rwezamenyo Sector, Nyarugenge District, Kigali (capital of Rwanda)! Betty is married, 29 years old, mother of 1 child and raising 1 orphan.



She started her business one year ago. She has a fashion shop near Rubangura taxi stop where she makes 45,000 Rwf as monthly profit.



This entrepreneur wants to get a loan worth 500,000 Rwf, which will help her to expand her business. This loan will be repaid in eight months on a monthly basis. Her present goal is to send all her siblings to school.

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
  • 50
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 565.8
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Betty expansion of her business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 11, 2009
Listed
Feb 6, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2009