Annonciatha owns a small shop which sells different kinds of products such as juice, cosmetics products, water, and so on. She has been engaged in her business for over three years. Her small shop is open from 6 in the morning to 9 in the evening every day except Sunday.
Annonciatha is now requesting her loan from Kiva lenders via Vision Finance Company in order to purchase more products for her shop. These additional products will allow her to attract more customers which will help her to earn more profits. With these profits she expects to save money for the future of her family. Particularly, her children who are in school will get their school fees paid more easily.
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