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Jonas is 24 years old and married with one child. Jonas is known for the business of selling a variety of goods in his shop. Those goods include body lotion, cooking oil, cylinders, watches, batteries, etc. This is his third successful year in this business, and he is open from 6 am to 9 pm every day.

Jonas is requesting a Kiva loan via Vision Finance Company so that he can expand his business through adding foodstuffs to his shop, as they are highly demanded. Those foodstuffs include rice, sugar, Irish potatoes, beans etc. With these additional goods for sale, Jonas hopes to earn more profits, which in turn will allow him to create some other sources of income by reinvesting some of his profits. In doing so, he will be able to create jobs for the people from his 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
  • 29
    View loans »
    Rwanda Loans Fundraising
  • $18,266,225
    Funds lent in using Kiva
  • 581.9
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Jonas the purchase of rice, sugar, Irish potatoes, beans etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Mar 22, 2010
Mar 26, 2010
Currency Exchange Loss:
Dec 15, 2010