Funded

Total loan: $900
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Eric

Rwanda
Kigali, Rwanda / Shoe Sales

A loan of $900 helped expand the business.


Eric's story

Greetings from Mr. Eric I., a 27 year-old married man. He and his wife having 2 children of 6 and 3 years old. He lives in the Nyarugenge district of Kigali city, the capital of Rwanda.

Eric owns a plot in Nyabugogo market where he sells shoes. He has 12 years experience in this business and he has 1 full time employee who helps him in this business. He starts his daily operations at 8h00 A.M and finishes at 8:00 P.M. Until now Eric has had a profit of approximately $220 per month He is requesting his first loan of 500,000 Rwf from Vision Finance Company, a division of World Vision International. With the loan, Eric will buy more shoes to expand his store and from the increased profit he will still be reinvesting in his business.



Loan details

Loan length:

10 months
Disbursed date: May 28, 2009
Facilitated by Field Partner: VisionFund Rwanda

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: May 28, 2009
Facilitated by Field Partner: VisionFund Rwanda