Francoise owns a small business selling various products such as handbags, clothes and shoes. She works hard, as does her husband who is driver, in order to provide all the needs of their family. Francoise has been an entrepreneur since 2007. The hours of her business are from seven in the morning to six in the evening, every day except Saturday.
Francoise is now requesting a loan from Kiva lenders via vision Finance Company in order to expand her business through purchasing some other attractive handbags, clothes and shoe styles for sale. With this loan she will be able to obtain more profits in the process. This, in turn will allow her to save money for her 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