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C 3540 Dushyigikirane Group
In this Group: Pauline, Marie Rose , Fidele, Marie Goreth, Joseline
Pauline is a lady of 38 years who is commonly known in the business of sewing various styles of clothes. She desired to work in a group and she is now the president of a group called “Dushyigikirane”. This is their third successful year in this business and the business hours are from 7 a.m. to 6 p.m. every day.

Although Pauline and her team have been in this business for about three years, their earned profit is still too low to expand meaningfully and they believe that a small amount of additional capital would bring a positive change. For that reason, Pauline and her team are requesting a Kiva loan via Vision Finance Company to purchase some additional sewing machines as well as clothing items which, in turn, will make them more efficient, effective and more successful.

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
  • 33
    View loans »
    Rwanda Loans Fundraising
  • $11,760,875
    Funds lent in using Kiva
  • 581.7
    Rwanda Francs (RWF) = $1 USD