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C 8080 Dukore Group
In this Group: Jacqueline, Jean De Dieu, Therese, Jean Pierre
Jacqueline is 26 years old and is married with two children; she also takes care of five relatives. She sells various food items such as sugar, Colgate, lotions, soap and toothpaste, and has been working in this field for five years. She is the leader of the C 8080 DUKORE Group which means "we have to work"; she is the one in the photo with a piece of paper in her hand. Jacqueline works from 7 a.m. to 10 p.m. every day of the week and currently employs one person to help her.

Jacqueline has requested a loan from Kiva lenders via Vision Finance Company to buy various goods including sugar, Colgate, lotions, soap, and toothpaste for resale. With any profits earned, she will be able to save for her future, pay school fees for her children and reinvest in her business.

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
  • 50
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 600.0
    Rwanda Francs (RWF) = $1 USD
Expired
A portion of C 8080 Dukore Group's $1,350 loan helped a member to purchase various goods such as sugar, Colgate, lotions, soap and toothpaste for resale.
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2012
Listed
Jun 6, 2012
Currency Exchange Loss:
Possible
Expired:
Jul 6, 2012