Rwanda is known as a country of a thousand hills. Nearly two decades ago, the country was plagued by genocide that killed millions and impacted the world.
Many Rwandan families are homeless due to the genocide, and many are orphans. Widows were left to care for the children of others as well as their own but with no funds to meet even the most basic human needs.
Women affected by the genocide are particularly vulnerable because they have little or no formal education and were left with no land or assets.
Being vulnerable to financial shocks and emergencies is one of the core aspects of poverty.
Our microfinance institution strives to provide first class financial services to some of the poorest communities
in Rwanda. Our entire management team is enthusiastic about our new initiatives and programmes which include:
- A mobile banking project that began in 2012.
- Staff training and development initiated by VisionFund International.
BAJYANAMA Beatha who is a married mother was born in 1964. She has nine children, 6 girls and 3 boy and they have their family home in Nyaruguru district, Ruramba sector. Eight of her children attend primary school and one in secondary within the same area. BAJYANAMA Beatha and her husband always had a tough time with life and it seemed as though educating their children was something they couldn’t attain successfully.
She Joined the VFC family in 2007 through the group lending but then she had her first individual loan in 2009 with 300.000 Frw. Her 2nd loan was worth the same amount of money. Currently she is on her 6th loan which worth 1,500,000FRW.
Her children are enjoying their lives and the benefits of good education. She is also currently a proud owner of a tailoring business whereby she sews clothes for sale.
She is a testimony to others that through the loans from Vision Finance, her life and that of her family has become so much better and she is grateful.Beatha proudly owns a tailoring business.
NDUWAYEZU ELIA has been a client of VFC for 7 years now and he has nothing but praises for the company. His life has been impacted in a positive way and he has been able to take care of his three beautiful daughters and son.
Figure 1 Elia with his family stand in front of the house he built from VFC loans
Married to Mukapfura Speciose, Elia and his family live in Gakenke in Kivuruga ADP and through a testimony of his friend he approached VFC and got his first loan in 2008 worth RWF 200,000. He had a small business of selling second hand clothes in the local market but he used that to grow his business and ventured into selling of fruits i.e. pineapples, oranges, and other produce.
His business grew and he repaid back the loan, through the 7 years he has been with VFC he is currently on his 6th loan and he has managed to take his two daughters to school, the youngest is yet to begin this year. His wife is well cared for and is happy with the way things have turned out for them.
In addition to looking after his family and sending the children to school, Elia has managed to buy a cow and it provides milk for the family and at times he gets extra milk that he can sell and get some money on the side.
Figure 2 Elia now a proud owner of a cow and hopes to buy a bull soon
He has bigger plans and believes that he will be able to purpose a bull and have calves around so that one day he will be to sell them off and make more profits.
He is forever grateful that VFC has given him and his family hope and he says that he will continue to do business with the company.