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Muraho (Hellooo!) from Daniel R. in Kabarore Sector, Gatsibo District in the eastern province of Rwanda. Daniel is 50 years old, married with 6 children.

Daniel started his business one year ago. Daniel owns a carpentry workshop where he offers different activities such as selling timber, constructing furniture, woodworking and repairing objects made out of wood. He employs 4 people to help him to run his business.

This entrepreneur is requesting a loan worth 500,000 Rwf, which will help him to expand his business and also to buy more material for his business. This loan will be repaid in 8 months on a monthly basis.

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
  • 41
    View loans »
    Rwanda Loans Fundraising
  • $18,427,025
    Funds lent in using Kiva
  • 565.8
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Daniel expand his woodworking business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Feb 11, 2009
Feb 6, 2009
Currency Exchange Loss:
Oct 15, 2009