K. Dorothée is an entrepreneur and owns shop in Kimironko district selling leather handbags. Her husband produces a wage of $515 per month.
Dorothée is seeking her first loan worth 500,000 Rwf from Vision Finance Company to be paid within 8 months. She has no employees and has been doing the same business since 2004. Dorothée opens her shop from 8:00 a.m. to 5:00 p.m. Before the loan, she was earning a monthly profit of approximately $220. With the loan from Vision Finance Company, K. will expand her business and, from the increased profits, she will reinvest in her business.
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 VisionFund RwandaVisionFund 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.
VFR 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.
51View loans »