Fabien has owned a motorcycle since 2005 which he uses for his transportation business. He is very proud of his motorcycle as it allows him to earn money for taking care of his family.
Although Fabien has owned his motorcycle for about five years, his savings are still too low to buy another motorcycle. To solve this problem, he needs to request a Kiva loan via Vision Finance Company. Added to his savings, this loan will hopefully allow him to buy another motorcycle.
With this second motorcycle, Fabien really hopes that his profits, as well as his savings, will be improved.
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 RwandaVisionFund 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.
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