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Tubiburukundo Group
In this Group: Joselyne, Ancilla , Bernadette , Leonie , Fortunee , Eudesienne , Protaisie *, Anastasie , Anatalie , Theodesie , Laurence , Laurence , J.damascene , Emmerence , Anastasie , Dancille *, J. Claude , Pascasie *, Jacqueline , Jeanne , Vestine , Esperence , Xaverine , Aimable , Clementine *, Anastasie , Goderve , Venantie
* not pictured
Joselyne is 38 years old and married to a soldier. They have two children who do not attend school yet. Joselyne is a group leader of a borrowing group called Tubiburukundo in Kinyarwanda which means “Sow love” in English. Each group member does a different business but all of them know about the functionality of the loan and are willing to pay back the loan because they are confident of their businesses.

Joselyne sells different items in her shop such as sugar, maize flour, and other retail items that are constantly demanded by her customers. It’s from this point that Joselyne and her group decided to request a loan particularly for increasing the volume of items in her shop. She plans on using the profits to pay school fees because her children by will be enrolled in school next year. She also plans on saving the remaining balance. She would like to see her business booming by as much as 70% in the future.

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

  • $1,700
    Average annual income
  • 64
    View loans »
    Rwanda Loans Fundraising
  • $15,267,900
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tubiburukundo Group's $4,975 loan helped a member to buy more items for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 29, 2010
Dec 16, 2010
Currency Exchange Loss:
Apr 15, 2011