Theogene is commonly known in the business of selling a variety of drugs in his pharmacy and he has been in this business for about three years. The hours of his business are from 8 a.m. to 5 p.m. every day.
Theogene is now requesting a Kiva loan via Vision Finance Company which will allow him to expand his pharmacy through purchasing a large quantity of drugs to sell as well as satisfying the demand of his customers.
With this business satisfaction, Theogene will hopefully earn more profits which, in turn, will allow him to keep reinvesting in his business for better financial stability. In addition, he will be able to continue to take care of his family.
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