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Theodomil is 28 years old and is still single. He lives by selling a variety of goods including cooking oil, drinks, cosmetics products, etc. He has been in this business for about six years and the hours of his business are from 6 a.m. to 8 p.m. every day.

Theodomil is now requesting a Kiva loan via Vision Finance Company in order to expand his business through adding a large quantity of foodstuffs such as different types of flour, Irish potatoes, rice, etc. With these additional goods for sale, he hopes that he will earn more profits than previously. Those profits will allow him to keep reinvesting in his business and build his own house which he has wished for for a long time.

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
  • 41
    View loans »
    Rwanda Loans Fundraising
  • $18,427,025
    Funds lent in using Kiva
  • 586.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Theodomil to buy a large quantity of foodstuffs for his store.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jun 2, 2010
Jun 2, 2010
Currency Exchange Loss:
Mar 15, 2011