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C 2011 Abahuje Group
In this Group: Mariam, Mathias, Hasina, Gerturde, Jacqueline, Marie Jeanne, Anastasie, Emmanuel
Hasina is 53 years old. She is married and has six children between the ages of 13 and 31 years old. She owns a business selling pineapples, passion fruits, apples, beans, vegetables and so on. She is the leader of this group, which is called "ABAHUJE" in the local language (she is the third person from the left side in the photo, in the white scarf). Hasina has been in this business for about two years.

Hasina and her team have requested a loan from Kiva lenders, via Vision Finance Company, in order to increase their quantities of pineapples, passion fruits, apples, beans, vegetables and so on, to sell. Hasina and her team will reinvest their profits into their businesses and pay school fees for their children.

Additional Information

More information about this loan

This loan helps low-income entrepreneurs in Rwanda grow their businesses and, ultimately, to support their families. These loans typically serve very poor and rural clients and particularly women, who often lack access to the traditional collateral needed for a loan. VFC serves these entrepreneurs through both individual and group loans and provides them with financial education and tools for them to save money for the future. By supporting this loan, you are helping Rwandan entrepreneurs build the means to support their families and improve their lives.

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

  • $1,700
    Average annual income
  • 63
    View loans »
    Rwanda Loans Fundraising
  • $15,230,800
    Funds lent in using Kiva
  • 590.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of C 2011 Abahuje Group's $1,700 loan helped a member to expand her agriculture business by cultivating more vegetables, fruits etc. to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2011
Listed
Nov 2, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012