Recognizing the need to make a living for herself, Beatrice started a business buying and selling potatoes three year ago and has been successful, despite not having any previous experience. Her business is such that it requires her to work from 7 a.m. to 4 p.m. every day.
Beatrice is requesting her second loan from Vision Finance Company - it is worth noting that her first loan was paid back on time and in full. This second loan will add to her working capital and and allow her to purchase more and better quality potatoes at better prices in order to attract new customers.
Through accessing this loan, if her expansion plans are successful, Beatrice will able to continue her life as a self-employed woman with a successful enterprise and build a stronger business and a more secure future for herself.
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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