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Philomene is 34 years old and married with two children. Philomene is commonly known for selling clothes and she has been in this business for about one year. Her business hours are from 8 am to 8 pm every day.

Philomene needs to request a Kiva loan via Vision Finance Company s.a. Once given this loan, Philomene will purchase different styles of clothes. With this additional business, Philomene will hopefully earn more profits and these profits will allow her to keep reinvesting for better financial stability. In addition, she will create many sources of income in various areas, which will result in giving jobs to the people from her community.

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
  • 40
    View loans »
    Rwanda Loans Fundraising
  • $18,427,025
    Funds lent in using Kiva
  • 592.3
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Philomene to buy different styles of clothes.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jul 15, 2010
Jul 27, 2010
Currency Exchange Loss:
Apr 15, 2011