Funded

Total loan: $900
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Frank

Rwanda
Kigali, Rwanda / Mobile Phones

A loan of $900 helped expand his business.


Frank's story

Frank N. is a 27-year-old single man. He lives in Kicukiro district in Kigali city, the capital of Rwanda.

This entrepreneur owns a store selling phones and dishware in Kicukiro district and sells many types of mobile phones. Frank has many clients in his business, and now he is seeking his first loan worth 500,000 Rwf (US$900) from Vision Finance Company. He hopes to have many more clients after getting this loan, because he will increase the types of mobile phones in his store. Before this loan, Frank earned a monthly profit of US$366.

Frank has 2 years and 6 months of experience in this business. He starts his daily operations at 7:30 a.m. and closes at 9:30 p.m.

With the increased profit, he will reinvest in the business and he hopes to buy a house.



Loan details

Loan length:

10 months
Disbursed date: June 26, 2009
Facilitated by Field Partner: VisionFund Rwanda

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: June 26, 2009
Facilitated by Field Partner: VisionFund Rwanda