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C 2180 Tuzamurane Group
In this Group: Jean D'amour, Eric , Emmanuel, Felecien, Francois, Vincent, Janvier, Lambert
Eric is 26 years old and he is single. He owns a business boutique, selling sugar, rice, milk, Irish potatoes and bananas.

Eric is the leader of this group, which is called "TUZAMURANE" in the local language. He is the second person on the right side. Eric has been in this business for about two years and his business is open from 6 am until 11 pm every day.

Eric and his team have requested a loan from Kiva lenders, via Vision Finance Company, in order to increase their inventory of goods to sell. Eric and his team will reinvest any profits into their businesses and save for their families' futures.

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
  • 590.0
    Rwanda Francs (RWF) = $1 USD