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Witinyagukora Group
In this Group: Beatrice, Xaverine, Seraphine, Herene, Laurent, Laurence , Emerienne*, Liberathe, Leodomil
* not pictured
Beatrice is 41 years old and is married with two children who are 8 and 14 years old. Beatrice lives in Gakenke, a region of Ruhengeli situated in the Northern Province of Rwanda. There, Beatrice is the president of a group called Witinyagukora. This group has been in this business of selling tomatoes and vegetables for a long time and the hours of their business are from 6 a.m. to 7 p.m every day.

Beatrice as the president of this group, is requesting a Kiva loan via Vision Finance Company in order to expand their business through purchasing some additional goods for sale. Those goods include a large quantity of tomatoes and vegetables. The purpose of adding these goods to their business is that they seem to be highly demanded by a number of customers. So, with their business of selling tomatoes and vegetables plus the new business of selling fruits, this group hopes to earn more profits. These profits will at least allow their business to expand meaningfully through the reinvestment in the same business.

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
  • 21
    View loans »
    Rwanda Loans Fundraising
  • $13,429,800
    Funds lent in using Kiva
  • 570.3
    Rwanda Francs (RWF) = $1 USD