Lucie is in the business of selling a variety of goods in her shop. Those goods include cosmetics products, soft drinks and some food supplies. This is her third successful year in this business and the hours of her business are from 7 a.m. to 6 p.m. every day.
Although Lucie has been in this business for about three years, her profit is still too low to expand meaningfully and she believes that a small amount of additional capital would increase her sales as well as her profits. For that reason, Lucie is requesting a Kiva loan via Vision Finance Company to purchase more goods to add to her shop.
With these additional goods, which seem to be highly in demand in her business area, Lucie hopes to earn more profits than previously. Through the use of this loan, she will build a secure future for her business.
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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