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.
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