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Greetings from Rwamagana, Rwanda! R. Nyiragicali is requesting her first loan from Vision Finance Company. She owns a small shop in Rwamagana which is located in the Eastern Province of Rwanda. She has owned the business for 29 years and employs three people to help her with its operation. She works every day from 7:00am to 10:00pm and earns a profit of approximately 120,000 Rwandan Francs each month (240 USD). She will use the loan to buy more stock of the items in her shop so that she can increase her sales. With her profits, she intends to pay school fees, buy more food for her family, and reinvest in her business. R. is 50 years old, married, and has five children aged 30, 28, 25, 19, and 7. She also cares for three orphans, aged 20, 15, and 6. Her income is supplemented by the shop which her husband owns and operates, earning approximately 70,000 Rwandan Francs each month.

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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.

About Rwanda

  • $1,000
    Average annual income
  • 25
    View loans »
    Rwanda Loans Fundraising
  • $13,391,375
    Funds lent in using Kiva
  • 564.0
    Rwanda Francs (RWF) = $1 USD