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Tuzamurane Cb Group
In this Group: Alphonsine, Saverina, Jean Bosco, Claudine, Amina, Vestine, Gaudence, Josiane, Valentine, Triphine, Donatha, Florida, Dative, Immaculee, Olive*, Diane, Marie Josee
* not pictured
Immaculee has two children. She is 30 years old. Her children are 4 and 9. Both of her children go to school.

Immaculee is the group leader of a group called Tuzamurane which means "Raise Together " in English. The group members have different businesses they run.

Immaculee is married to a driver. She owns a store where she sells different items such as soap, rice, sugar and cooking oil. With the loan requested she will buy more items to sell. She plans to use the profits for paying school fees for her children.

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
  • 55
    View loans »
    Rwanda Loans Fundraising
  • $15,328,600
    Funds lent in using Kiva
  • 595.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tuzamurane Cb Group's $4,350 loan helped a member to buy more rice, sugar and cooking oil for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2011
Listed
Jan 14, 2012
Currency Exchange Loss:
Possible
Ended:
May 15, 2012