C3753 Duhugurane Group


Status: Paying Back

$1,250.00   Loan Amount
0% repaid

About the Group

Group Name: C3753 Duhugurane Group
Group Members: Delphine Niyonsaba
Cecile Nyirahabimana
Illuminee Muhimpundu
Anitha Mukundwa
Claudette Mukamuhoza
Marie louise Umuhoza
ClementineM Uwamahoro
Location: Nyarugenge/kigali, Rwanda
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $1,250.00
Loan Use: Purchasing greater quantities of vegetables for sale
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 23, 2009
Date Disbursed: Oct 13, 2009
Date Funded:Oct 23, 2009

About the Country

Country:Rwanda
Avg Annual Income:$1,000.00
Currency:Rwanda Francs (RWF)
Exchange Rate:565.0000 RWF = 1 USD



Delphine Niyonsaba is 38 years old and married with five children, ages 5 through 12. Additionally, she cares for two dependents ages 15 and 20.



Delphine lives in Nyarugenge district in the capital city of Kigali where her business selling a wide variety of produce has been located for the past 10 years. She has proven her business ability with a successful 10-year track record! The business is open every day from 5AM to 7PM.



Delphine is requesting a loan from Vision Finance Company in order to expand her business and buy more produce in greater volume and at lower prices so that she earns more profit. Previously, her monthly profit was 100,000 RWF (US$ 175 approximately). With this extra profit she hopes to earn, she plans to set aside money to buy her own house.




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 C3753 Duhugurane Group


Loan has been disbursed
 
Entrepreneur: C3753 Duhugurane Group
Location: Nyarugenge/kigali, Rwanda

Thank you for your loan. It has been disbursed to C3753 Duhugurane Group, consisting of Delphine Niyonsaba, Cecile Nyirahabimana, Illuminee Muhimpundu, Anitha Mukundwa, Claudette Mukamuhoza, Marie louise Umuhoza, ClementineM Uwamahoro by Vision Finance Company s.a. (VFC), a partner of World Vision International in Rwanda. We are excited to watch this business grow. Over the 6 months of this loan, Vision Finance Company s.a. (VFC), a partner of World Vision International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Nyarugenge/kigali, Rwanda
Oct 24, 2009
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Kiva Help Repayment Schedule for C3753 Duhugurane Group

  Expected Repayments Actual Repayments Comments
January 2010 $208.33 Available Jan 1  
February 2010 $208.34 Available Feb 1  
March 2010 $208.33 Available Mar 1  
April 2010 $208.33 Available Apr 1  
May 2010 $208.34 Available May 1  
June 2010 $208.33 Available Jun 1