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C2873 Abizeranye Group
In this Group: Jean De Dieu, Rose , Ruth, Alphonse, Anastase
Jean de Dieu is 30 years old and single. Jean de Dieu is the leader of a group called Abizeranye. The group is known for selling a variety of goods and for their transportation business. This group has been in this business for about three years and the business hours are from early in the morning until late in the evening.

Jean de Dieu and his team need to request a Kiva loan via Vision Finance Company. With this loan, Jean de Dieu and his team will hopefully expand his business by purchasing one additional motorcycle and a variety of goods, mainly foodstuffs. If successful, this team will hopefully earn more profits and these profits will allow this team to keep reinvesting for better financial stability.

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
  • 38
    View loans »
    Rwanda Loans Fundraising
  • $15,198,425
    Funds lent in using Kiva
  • 585.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of C2873 Abizeranye Group's $1,725 loan helped a member to buy another motorcycle.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2010
Listed
Sep 27, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011