Check out other loans that are currently fundraising!
C2349 Umoja Group
In this Group: Marie Rose, Adriya, Delphine, Seraphine, Francine
Francine is 36 years old and is married with five children aged between 3 and 13 years. Her husband works as a businessman; they both work hard for their family.

Francine is the leader of this group which is called Umoja in the Swahili language; this group contains five members and all of them own the small shop which sells various products. Francine has an experience of two years in her business of selling rice, salt, bananas, juice, soda, and a traditional soft drink made from sorghum which called ubushera in the local language.

Francine and her group are requesting a loan from Kiva lenders via Vision Finance Company for the purpose of growing their business which will allow them to get ahead. With this loan Francine hopes to change her family situation through providing all the basic needs of her 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
  • 39
    View loans »
    Rwanda Loans Fundraising
  • $13,303,700
    Funds lent in using Kiva
  • 574.5
    Rwanda Francs (RWF) = $1 USD