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Vedaste is 32 years old and is single. He owns a stationery business selling books and other materials and he has been in this business for two years. His business is open from 8 am to 6 pm per week and he currently employs two people to help him.

Vedaste has requested a Kiva loan via Vision Finance Company in order to expand his stationery business by buying more books, more materials, etc. for resale. With any profits, he will be able to save for his future and he will be able to reinvest in his business

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
  • 43
    View loans »
    Rwanda Loans Fundraising
  • $18,416,825
    Funds lent in using Kiva
  • 597.0
    Rwanda Francs (RWF) = $1 USD
A loan of $1,350 helped Vedaste to expand his stationery business by buying more books and materials for resale.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 27, 2012
May 4, 2012
Currency Exchange Loss:
Jun 3, 2012