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Tuzamurane Group
In this Group: Christine, Pelagie, Marie Jeanne, Jeanne, Clementine, Seraphine, Hadidja, Marie Josee, Esperance, Leatitie, Divine, Emmanuel, Jean Bosco, Betty, Jean Damascene, Olive, Gloriose, Alexie, Aline, Jeannette, Joyce, Stephanie, Theodosie
Jeanne is 25 years old. She is married and has one child who is 2 and a half years old. Her husband is a soldier. Jeanne sells green bananas and Irish potatoes. She has had this business for five years. With this loan, she will buy more green bananas and Irish potatoes. She plans to save the profit from her business. She says that her business is well known by all her clients and that is why she has succeeded. In the future, she would like to upgrade her business and start selling new products like clothes.

Jeanne is the leader of a borrowing group called 'Tuzamurane Group'. Tuzamurane is a Kinyarwanda word that means 'Rise Together' in English. She is in the back row with her hand raised.

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
  • 60
    View loans »
    Rwanda Loans Fundraising
  • $12,393,100
    Funds lent in using Kiva
  • 588.1
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tuzamurane Group's $3,850 loan helped a member to buy more bananas and Irish potatoes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2010
Listed
Oct 20, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011