Nelly owns a small shop in the market called Nyabugogo which sells various styles of clothes. She has an experience of sixteen years in this field. The hours of her business are normally from 8 a.m. to 5 p.m. every day except Sunday.
Nelly’s business is not well-known simply because she sells in the market where the customers do not care about someone who sells but only what she sells - is it good quality or not.
This is the reason why Nelly is now requesting a loan from Kiva lenders via Vision Finance Company in order to expand her business through purchasing more bales of clothes for men and women.
With this loan Nelly expects to obtain more profits which will allow her to purchase more bales of clothes. With the profits Nelly will be able to save money for the future of her children.
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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