Florence has a shop where she sells a variety of dishes and kitchen products located in this area. She has been in the business of selling housewares for the past five years. However, she is a relatively new entrepreneur, having been in business for herself for only one year. Florence has a helper who works with her in the shop from seven in the morning until six at night.
Florence is requesting her first loan from Vision Finance Company for the purpose of purchasing a variety of attractive dishes in order to attract more customers and please her current ones. If successful, this will result in greater profits which she will likely reinvest in the business as well as take care of her children and begin to build a secure future for her family.
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.
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Success!! The loan was 100% repaid