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Samuel
Samuel K. is 32 years old and is single. He is an entrepreneur who lives in the Northern Province of Rwanda where he has a photo-studio and a cafeteria plus movies to rent. His business is open from 5 a.m. to 6 p.m. every day and he has operated his business successfully for several years.

Samuel is requesting his first loan from Vision Finance Company in order to expand his business through purchasing some new computers and other new accessories to attract more customers to his business.

Through accessing this loan, Samuel hopes to earn more profit, which will help him to set aside money to buy his own house.

Additional Information

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 Rwanda

VisionFund 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.

About Rwanda

  • $1,700
    Average annual income
  • 44
    View loans »
    Rwanda Loans Fundraising
  • $18,416,825
    Funds lent in using Kiva
  • 566.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Samuel to buy additional computers and equipment.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2009
Listed
Oct 23, 2009
Currency Exchange Loss:
Possible
Ended:
Jul 21, 2010