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C5608 Inyenyeri Group
In this Group: Emmanuel, Angelique, Cyliaque, Felicite
The Inyenyeri Group is made up of four members and their leader is Emmanuel. He is 23 years old and single. Emmanuel owns a boutique in the Kabuga district of Rwanda. The store is open from 6 am until 8 pm every day. Emmanuel has five years' experience in this business. He has one employee and his store is well organized, clean and well known in his area. He is a jovial and hardworking man. With this loan, Emmanuel will purchase more food products and a fridge. Emmanuel hopes to renovate his house and provide food for his family with profits from the business.

This is the Inyenyeri Group's first loan from Kiva, requested through Vision Finance Company, and they will use it to purchase more products for their boutiques.

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
  • 44
    View loans »
    Rwanda Loans Fundraising
  • $13,837,625
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD