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C5603 Wintenguha Group
In this Group: Grace , Valentine, Beatrice, Musindikazi, Mukansanga, Mukasekuru, Valentine
Grace was born in 1965 and is married with six children. Grace is a businesswoman but her husband is jobless. Grace has to work hard in order to get everything her family needs. Grace owns a business selling animals and her business is well known in the region because most of the people who have a butchery come to her to buy the animals for meat. Grace is focused on her own business but she is the group leader of seven members who have various businesses.

Grace and her group are requesting a KiV. loan to expand their businesses by purchasing more products or more animals for sale. Once this loan is given, all members of the group will be able to satisfy their customers and attract new ones. With extra money; the members of group expect to save and reinvest in their business.

Additional Information

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

  • $1,000
    Average annual income
  • 55
    View loans »
    Rwanda Loans Fundraising
  • $13,837,625
    Funds lent in using Kiva
  • 587.4
    Rwanda Francs (RWF) = $1 USD