Greetings from Odette in Kabuga, Rwanda! Odette is requesting her first loan from Vision Finance Company so that she may buy more stock for her hardware store. She opened the business in 2005 and currently employs 2 people to assist her in running the shop. She works daily from 6:00am to 6:30pm and earns a monthly profit of approximately 60 USD. She is hoping that this loan will enable her to increase her profit so that she may build a house and more easily pay school fees for her children.
Odette is 43 years old, married, and has five children and cares for one additional 23-year-old orphan. Her children are aged 8, 10, 13, 17, and 19. She is requesting a loan of 500,000 Rwandan Francs to be paid back over 12 months.
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.