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Abadahemuka Group
In this Group: Monique, Francine, Agathe, Jeanne D'arc, Adria, Marguarite*, Marie Chantal, Josiane, Appolinarie, Justin, Justine, Aurelie, Josephine *, Marceline*, Vedaste, Grace, Petrolinille, Justin, Emelienne, Josiane, Clementine *, Francine, Adeline, Laurence, Eric, Deogratias*, Beatrice, Therese, Alphonsine, Godelive*
* not pictured
Monique is 29 years old and married to a farmer. They have 4 children between the ages of 2 and 10 . Two of them go to school while the other two are still young. She has also adopted one child whom she helps. Monique is the group leader of the ABADAHEMUKA Group. Monique sells sorghum. She has spent 3 years in this business of selling sorghum. With this loan she will buy more sorghum to sell. With the profit from this business she will increase the amount of sorghum and save money. She would like to set up her own strong business where everyone can know her better than the way she is known now. In the photo, Monique is sitting at the front row with a blue notebook.

Additional Information

About Urwego Opportunity Bank of Rwanda (UOB)

Urwego Opportunity Bank (UOB) is a Rwandan bank specializing in microfinance. It offers credit products to individuals and groups interested in starting or expanding their businesses. It also offers training in business development, financial literacy and health management. Given that approximately 90% of the Rwandan population is directly or indirectly related to the agricultural sector, Kiva lenders’ funds will be used to support UOB’s agricultural loan products, which are vital to the clients living in remote areas.

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
  • 103
    View loans »
    Rwanda Loans Fundraising
  • $13,450,325
    Funds lent in using Kiva
  • 588.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Abadahemuka Group's $4,000 loan helped a member to buy more sorghum to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2010
Listed
Oct 29, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011