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Josephine is 30 years old, married with two children: one is 3 years old and the other one is just 4 months old. Josephine was a farmer before thinking on how she could start up a business selling a variety of goods in a shop. Josephine lives in Nyamagabe, a region situated in the southern province of Rwanda. It is in this area that, since 2008, she has owned a shop and she is happy because since she started this business, her family situation changed positively. Her shop is open from 7 AM until 6 PM every day.

As the number of her customers keeps growing, Josephine needs to request a Kiva loan via Vision Finance Company so that she can add more goods to her shop which hopefully will increase sales as well as profits. With the profits from this loan, Josephine hopes to do a lot in her life including taking care of her family as well as saving for their future. Josephine has a hope that if her business keeps growing, she will create many sources of income as well as creating more jobs for the people of her community.

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
  • 40
    View loans »
    Rwanda Loans Fundraising
  • $18,266,225
    Funds lent in using Kiva
  • 573.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Josephine additional foodstuffs including rice, cooking oil, beans, etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Feb 8, 2010
Feb 11, 2010
Currency Exchange Loss:
Nov 16, 2010