He sells cows for a living and has 18 years of experience in this business. Athanael starts his business at 7 a.m and works until 12 a.m everyday except Sunday. Athanael has requested a Kiva loan via Vision Finance Company in order to purchase more cows for resale. His profits will allow him to save for his future and reinvest in his business. In the future, he wants to buy fertilizer for his field.
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This loan helps support farmers in rural communities in Rwanda. The loan, which is available to both individuals and groups, is repaid in full at the end of the loan term, allowing borrowers to repay only after crops are harvested or livestock are sold. About 85% of Rwandans are employed in agriculture, but many formal financial institutions consider the sector to be too risky. VFC is one of very few financial institutions serving farmers and offering agricultural products that work with local harvest cycles. VFC also offers training on increasing crop yield and helps farming cooperatives access better agricultural inputs. By supporting this loan, you are helping rural Rwandan farmers improve their crop yield and ability to support their families.
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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