C1184 Jyambere Group
Laurence is 45 years old, married, and has five children, aged 18, 15, 11, 9, and 7. She also cares for two orphans. She has been selling sorghum for fifteen years and employs nine people to assist her in planting, harvesting, and selling it. She works from 7 a.m. to 4 p.m. daily and earns a profit of approximately 223,000 Rwandan francs each month (about $440).
She is requesting a loan worth 40,000 Rwandan francs so that she may purchase more sorghum, beans, and vegetables to sell to her clients. With the profits, she intends to pay school fees and buy more food for her family.
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.
This is a Group Loan
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Success!! The loan was 100% repaid