Celestin

About the Entrepreneur

Name: Celestin
Location: Rwanda
Activity: Retail | Spare Parts

About the Loan
Loan Amount: $675
Loan Use: A loan of $675 helps Celestin to purchase more spare parts.
Date Listed: Feb 1, 2012

Celestin is 30 years old and married. He and his wife have one child, a 1-year-old.

Celestin sells spare parts. His business is well-organized. He works from 6 a.m. to 8 p.m. every day. He has three years of experience in this business.

Celestin has requested a loan from Kiva lender Vision Finance Company in order to purchase more spare parts to sell. With the profits from the loan, Celestin will reinvest in his business and pay his child’s school fees.
Additional information about this loan
About Vision Finance Company s.a – Rwanda (VFC)

Vision Finance Company (VFC) was Kiva’s first partner in Rwanda. Established in 1999, VFC is an affiliate of World Vision International. Since its founding, VFC has been committed to alleviating poverty in Rwanda by ensuring that poor people have access to credit to support business initiatives that will improve their life circumstances.

VFC has a broad set of products and services, offering Community Banking services for self-selected groups of 10-30 borrowers, Solidarity Group services for more experienced groups of entrepreneurs, and Individual Loans for customers who already have a small established business. Vision Finance is also among the very few financial institutions targeting farmers and providing agricultural credit options in Rwanda, where access to credit is critical to the success of agricultural enterprises.