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C4610 Dusabane Group
In this Group: Irene, Honolyne, Goudance, Triphine, Irene
Irene U. is 32 years old, married, and has three children who are between 4 and 10 years old. She is the president of a group called “Dusabane,” which means sharing. Irene sells charcoal and has been doing so for three years. She is open from 6 am until 8 pm every day. She currently employs five people.

Irene and her team have requested a Kiva loan via Vision Finance Company for a purpose of buying more charcoal to sell. With this expansion, Irene hopes to start saving and to satisfy the basic needs of her family, including paying the school fees for her children, and to buy her own house.

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
  • 55
    View loans »
    Rwanda Loans Fundraising
  • $13,837,625
    Funds lent in using Kiva
  • 595.2
    Rwanda Francs (RWF) = $1 USD