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C5261Dufatanye Group
In this Group: Rose , Felicite, Jeanne, Antoinette, Alfred, Damascene
Rose is a 25-year-old married mother with one child who is four years old. Rose describes herself as a hardworking woman. Rose's business is well organized and she employs one person in her small shop selling various products. Her business is open from 7 in the morning to 5 in the evening every day except Saturday. She has engaged in this business because it is profitable in her region. This is her sixth year of successful business operation.

Rose is the group leader. This group is called "Dufatanye" in the local language. The group includes six members; each one has their own business. Some of the businesses are a spare parts business, selling cakes and selling various products, etc. Rose and her group are requesting a loan from Kiva lenders via Vision Finance Company in order to expand their businesses so that they offer a good service for their customers. This loan will impact the group members by helping them to purchase larger quantities which will allow them to earn more profits. With extra money, Rose and her group hope to save and to reinvest in their businesses.

Additional Information

More information about this loan

This loan helps low-income entrepreneurs in Rwanda grow their businesses and, ultimately, to support their families. These loans typically serve very poor and rural clients and particularly women, who often lack access to the traditional collateral needed for a loan. VFC serves these entrepreneurs through both individual and group loans and provides them with financial education and tools for them to save money for the future. By supporting this loan, you are helping Rwandan entrepreneurs build the means to support their families and improve their lives.

About Vision Finance Company s.a – Rwanda (VFC)

Vision Finance Company, soon to be known as Vision Fund Rwanda (VFR), is the microfinance subsidiary of World Vision and is one of the largest microfinance institutions serving rural underprivileged communities in Rwanda, many of which do not have access to formal financial services.

VFC serves people and communities that are economically productive but low-income, especially in very rural areas. This includes small business owners and salary earners who are looking for opportunities to provide better lives for their families and a promising future for their children.

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

  • $1,700
    Average annual income
  • 3
    View loans »
    Rwanda Loans Fundraising
  • $15,580,500
    Funds lent in using Kiva
  • 574.2
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of C5261Dufatanye Group's $2,100 loan helped a member expanding her business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
May 17, 2010
May 19, 2010
Currency Exchange Loss:
Feb 15, 2011