Check out some available loans that are similar to this one!
C 7988 Dufatanye Group
In this Group: Assoumpta, David, Emille, Callixte, Innoncent, Alphonse, Emmanuel, Esidras, Madeleine, Goeffrey
Assoumpta is 33 years old and has three children between the ages of 3 and 7 years old. She owns an agriculture business selling beans, potatoes, rice, etc. Her business is open from 7 am until 6 pm every day except for the weekend. She is the leader of this group, which is called 7988 DUFATANYE in the local language, and she is raising up her hand.

Assoumpta has requested a loan from Kiva lenders via Vision Finance Company in order to expand her agriculture business by buying fertilizer to grow her products, such as beans, potatoes, rice, etc., to sell. She will save any profit for her future and she will be able to buy another field to cultivate.

Additional Information

About Vision Finance Company s.a – Rwanda (VFC)

Vision Finance Company (VFC) was Kiva's first partner in Rwanda. Established in 1999, VFC is an affiliate of World Vision International. Since its founding, VFC has been committed to alleviating poverty in Rwanda by ensuring that poor people have access to credit to support business initiatives that will improve their life circumstances.

VFC has a broad set of products and services, offering Community Banking services for self-selected groups of 10-30 borrowers, Solidarity Group services for more experienced groups of entrepreneurs, and Individual Loans for customers who already have a small established business. Vision Finance is also among the very few financial institutions targeting farmers and providing agricultural credit options in Rwanda, where access to credit is critical to the success of agricultural enterprises.

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
  • 33
    View loans »
    Rwanda Loans Fundraising
  • $11,760,875
    Funds lent in using Kiva
  • 595.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of C 7988 Dufatanye Group's $2,150 loan helped a member to expand her agriculture business by purchasing fertilizer to grow her products to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2012