C8687 Duharanirekujyambere Group
Status: Paying Back
| $1,500.00 | Loan Amount |
|---|
About the Group
| Group Name: | C8687 Duharanirekujyambere Group |
|---|---|
| Group Members: |
Nyiransabimana Consolee Nyiramategeko Vincentie Izerimana Constantine Nyirransabimana Alphonsine Nyirahabimana Sydonia Maniraguha Eugene Mukarwego Constance Uwimana Francoise |
| Location: | Rubavu/gisenyi, Rwanda |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $1,500.00 |
|---|---|
| Loan Use: | More bananas for resale |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 22, 2009 |
| Date Disbursed: | Oct 13, 2009 |
| Date Funded: | Oct 23, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Vision Finance Company s.a. (VFC), a partner of World Vision International |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 18 months |
| Kiva Entrepreneurs: | 584 |
| Total Loans: | $400,800 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Rwanda |
|---|---|
| Avg Annual Income: | $1,000.00 |
| Currency: | Rwanda Francs (RWF) |
| Exchange Rate: | 566.0500 RWF = 1 USD |
Uwimana's business employs 7 other people in her community and has been in existence since 1999, making this her 10 year anniversary of successful operation! The hours of her successful retail banana business are from 8AM - 5PM daily. She serves locals and passers-by delicious, fresh bananas and for this she projects a monthly profit of 40,000 RWF (approximately US$ 80). This loan will help her to buy more inventory and get better pricing which will help her to become more profitable and efficient.
This is Uwimana's second loan from VFC and her previous loan was repaid in full and on time. She is grateful to VFC and Kiva for their support of her business.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
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Journal entries for C8687 Duharanirekujyambere Group
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Loan has been disbursed
Location: Rubavu/gisenyi, Rwanda
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Posted by
from Rubavu/gisenyi, Rwanda
Oct 24, 2009 |
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Comment on this entry
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Repayment Schedule for C8687 Duharanirekujyambere Group
Repayment Schedule for C8687 Duharanirekujyambere Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $187.50 | Available Jan 1 | |||
| February 2010 | $187.50 | Available Feb 1 | |||
| March 2010 | $187.50 | Available Mar 1 | |||
| April 2010 | $187.50 | Available Apr 1 | |||
| May 2010 | $187.50 | Available May 1 | |||
| June 2010 | $187.50 | Available Jun 1 | |||
| July 2010 | $187.50 | Available Jul 1 | |||
| August 2010 | $187.50 | Available Aug 1 | |||
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