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Frederic is 25 years old and is married with two children who are 1 and 2 years old. Frederic lives by sewing different styles of clothes and this is his 5th successful year in this business. He operates his business from morning until late in the afternoon hours.

Frederic needs to request a Kiva loan via Vision Finance Company s.a. to purchase four sewing machines and some clothing items. Thus, he will create four jobs for the people in his community.

By expanding his business and adding more equipment and workers, Frederic will hopefully earn more profits and these profits will allow him to create other areas of the same business. In addition, he and his family, will get their own shelter.

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 Vision Finance Company s.a – Rwanda (VFC)

Vision Finance Company, soon to be known as Vision Fund 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.

VFC 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
  • 48
    View loans »
    Rwanda Loans Fundraising
  • $16,926,975
    Funds lent in using Kiva
  • 589.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Frederic to purchase four sewing machines and some clothing items.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jun 24, 2010
Jul 23, 2010
Currency Exchange Loss:
Mar 15, 2011