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5190 Abishyizehamwe Group
In this Group: Jean Marie Vianey, Seraphine, Hassina, Jean Marie Vianey, Yvette, Samuel, Peter*
* not pictured
Jean marie vianey is 30 years old and he is single. To save money, he lives with his parents in Nyarugenge, a region of Kigali, the capital city of Rwanda. Here Jean marie vianey is the group representative of seven people in a group called Abishyizehamwe.

Jean marie vianey is new to the business of buying and selling spare parts. Though he is a bit of a novice in this industry, his business is running well and he works hard to make it successful, working every day except Sunday from 8 a.m. to 6 p.m. His business employs two other people as helpers.

The reason why Jean marie vianey is requesting a loan from Vision Finance Company and Kiva lenders is to expand his business by purchasing more and different spare parts for sale. Prior to requesting this loan, Jean marie vianey's monthly profit was approximately 150,000 RWF (~250 USD). If his expansion strategy is successful he expects to earn more profit which he will reinvest in his business.

Jean marie vianey also he plans to get married someday, which is not inexpensive and he is saving for that as well as for having a family.

Additional Information

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Rwanda

  • $1,000
    Average annual income
  • 105
    View loans »
    Rwanda Loans Fundraising
  • $13,468,725
    Funds lent in using Kiva
  • 566.0
    Rwanda Francs (RWF) = $1 USD