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Aboubakar H. is 27 years old, single, and he takes care of one dependent who is 7 years old. Aboubakar lives in the Nyarugenge district of Kigali, the capital city of Rwanda.

Aboubakar is a true entrepreneur and has been operating his business successfully since 2004. He owns a house where he has sewn different models of clothes since 2004. His business is open from 7 a.m. to 6 p.m. every day and he employs two people in his business.

Aboubakar is now requesting his first loan from Vision Finance Company for the purpose of purchasing more sewing machines as well as creating more jobs for more people, which will help him to increase the profit. Then, through that profit, he will be able to save for the future.

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
  • $18,423,625
    Funds lent in using Kiva
  • 565.2
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Aboubakar to buy more sewing machines and equipment.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Nov 3, 2009
Nov 3, 2009
Currency Exchange Loss:
Aug 15, 2010