Catheline is in the business of making windows and doors through joining metal items with a soldering machine. This is her second successful year in this business which she starts early in the morning, not finishing until late at 6 p.m. every day.
Catheline is requesting a Kiva loan via Vision Finance Company to purchase more soldering machines and metal items so that she can make more windows and doors. Catheline, by the use of this Kiva loan, hopes that her number of customers will be expanded and her customers will be interested in buying her products as she will make more good quality doors and windows.
Through the expansion of her business, Catheline and her family have a hope for the future.
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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Success!! The loan was 100% repaid