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Dushyigikirane Cb Group
In this Group: Esperence, Liberatha, Beatrice, Joseline, Asinathe, Patrice, Jeanne, Francine, Aphrodis, Annociata, Marie, Pierre, Venuste, Marceline, Emmanuel, Liberatha, Patricie, Grace, Alphonsine, Julienne, Cecile, Assinaporo, Fayisi, Odette, Aline, Valentine, Agnes, Bonifride
Jeanne, standing fourth from the right, is the president of Dushyigikirane CB — a Kinyarwanda word that means "let's support each other." Jeanne is 28 years old and has three children between four months and seven years old. Her two eldest children are in school. Jeanne sells goats and has done this business for four years and it is doing well. The majority of the other group members have small shops where they sell items that are commonly used at home such as soap, tea leaves, etc. Jeanne is requesting a loan to buy more goats for sale from which she expects to make profits. With the profits, together with her savings, she plans to build her own family house

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
  • 33
    View loans »
    Rwanda Loans Fundraising
  • $14,311,175
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Dushyigikirane Cb Group's $4,725 loan helped a member to purchase goats.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2011
Listed
Jun 9, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011