Funded

Total loan: $900
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Alexis

Rwanda
Nyaruguru, Rwanda / General Store

A loan of $900 helped a variety inventory/goods.


Alexis's story

Alexis R. is 27 years old and single. He lives in Nyarugura Center, which is approximately a 3-hour drive from Kigali, the capital of Rwanda. Alexis has had his own variety store since he was just 21 years old. Today he employs two people to help him run his business. His store is open from 6 AM to 9 PM every day.

Although Alexis has been in the business for 6 years, his capital reserves are still too low to expand his shop. He believes that a small amount of additional capital would allow him to expand his business by purchasing some new goods to sell. His sense of the market is that his current customers will respond well to these new offerings and he may also attract new clients. He believes his strategy will be a profitable one and is looking for funding and loan investors. Alexis is, therefore, requesting his first loan from Kiva lenders via Vision Finance Company.



Loan details

Loan length:

10 months
Disbursed date: November 4, 2009
Facilitated by Field Partner: VisionFund Rwanda

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: November 4, 2009
Facilitated by Field Partner: VisionFund Rwanda