Dative realized that her profit is still too low to expand meaningfully and she believes that a small amount of additional capital would change that for her. For that reason she is requesting her first loan from Kiva lenders via Vision Finance Company to purchase some additional foodstuffs. This will enable her to attract new customers and increase her sales and (hopefully) profits as well.
With the continued success of her business, Dative will be able to continue paying school fees for her children and will be able to build a secure future for them.
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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