Check out some available loans that are similar to this one!
C2346 Duhozanye Group
In this Group: Dorothe, Claudine, Tuyishimire , Claude, Rwasibirir
Claude was born in 1964 and is married with three children aged between 6 and 16. He lives in the Gasabo district of Kigali province, in the village called Kabuga, not far from Rwanda’s international airport.

Claude owns a small shop which sells various styles of clothes. He chose this business simply because it is profitable in this region. His business is famous which is very stimulating for him. This is his fourth year of successful operation in business! The hours of his shop are from 8 a.m. to 6 p.m. every day, even during the weekend. He works hard so that he satisfies his customers.

Claude is now requesting a loan from Kiva lenders via Vision Finance Company in order to expand his business. He will do this through purchasing some other attractive clothing styles for sale as well as additional sizes and colors. With this loan, Claude hopes to attract more customers to shop and hopefully earn more profit in the process.

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
  • 38
    View loans »
    Rwanda Loans Fundraising
  • $13,303,700
    Funds lent in using Kiva
  • 570.0
    Rwanda Francs (RWF) = $1 USD