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C9600 Kabare Ii Group
In this Group: Dorothe, Florence, Annonciatha, Immaculee, Seraphine, Clementine, Marie Vestine
Dorothe is 41 years old and is married with six children between the ages of 2 and 18 years old. Her business is well organized. She sells potatoes and fruits. She starts from 6am and works until 2pm every day except on Saturday.

Dorothe is a leader of this group which is called C9600 KABARE II in local language and she is the second person from right side, first line. She has twenty years of experience and she currently employs six people to help her.

Dorothe has requested a loan from Kiva via Vision Finance company in order to buy more fertilizer to cultivate large quantities of potatoes and fruits to sell. With any profit, she will pay children's school fees and pay medical insurance for her family.

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
  • 47
    View loans »
    Rwanda Loans Fundraising
  • $12,343,975
    Funds lent in using Kiva
  • 595.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of C9600 Kabare Ii Group's $1,950 loan helped a member to buy more fertilizer to cultivate large quantities of potatoes and fruits to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 12, 2012
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2012