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Jean is 43 years old and is married with eight children. He owns a grinding machine that he uses for grinding cassava, sorghum and some other agriculture products. The hours of his business are from morning hours until late in the evening.

Jean, after realizing that the number of his customers has increased, wants to open another business area where he will operate the same business. To end this, he is requesting a Kiva loan so that he can purchase an additional grinding machine.

With this additional machine, Jean hopes that he will be able to satisfy his customers and, in addition to that, earn a lot of profits. These profits will hopefully allow him to continue taking care of his family and start saving for his future.

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
  • 27
    View loans »
    Rwanda Loans Fundraising
  • $18,266,225
    Funds lent in using Kiva
  • 585.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Jean to buy another grinding machine.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jul 26, 2010
Aug 19, 2010
Currency Exchange Loss:
Apr 15, 2011