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Eugenie was born in 1962 and is married with 8 children, aged between 6 and 12. Eugenie owns a small business selling various clothes. This business is profitable and that is the reason why it was chosen by her so that she can solve her family problems. Eugenie’s business is well organized and known. She employs one person from her community as a helper. Eugenie has an experience of 10 years in her business; even though she is seasoned in her business, she does not make enough money from it.

Eugenie is now requesting a Kiva loan via Vision Finance Company for the purpose of growing her business which will allow her to attract more customers. She will be able to create new jobs as well. Having more customers will help her to earn more profits which are her main target. As a part of business, Eugenie studies English which is the language used in business and socializes with her children as well.

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
  • 46
    View loans »
    Rwanda Loans Fundraising
  • $16,941,150
    Funds lent in using Kiva
  • 585.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Eugenie expanding her business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Aug 23, 2010
Aug 25, 2010
Currency Exchange Loss:
May 15, 2011