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C7808 Dushyigikirane Group
In this Group: Jean Bosco , Jean Marie Vianney, Jacqueline, Jean Bosco, Felicien, Alphonsine , Marie, Laindrada, Bonifride, Euphrasie, Narcisse
Jean Marie Vianney is 34 years old. He is married with three children, who are between 5 and 13 years old. He is a farmer cultivating rice and works in the fields from 6 a.m. until 1 p.m. daily, except on the weekend. Jean Marie Vianney currently employs six people to help him. He has eleven years of experience in this work and is team leader of this group, which is called "C7808 Dushyigikirane" in the local language

Jean Marie Vianney has requested a loan from Kiva lenders via Vision Finance Company in order to buy fertilizer for his farm. With the profit from the loan, he expects to save money for his future and to pay his children's school fees.

Additional Information

More information about this loan

This loan helps support farmers in rural communities in Rwanda. The loan, which is available to both individuals and groups, is repaid in full at the end of the loan term, allowing borrowers to repay only after crops are harvested or livestock are sold. About 85% of Rwandans are employed in agriculture, but many formal financial institutions consider the sector to be too risky. VFC is one of very few financial institutions serving farmers and offering agricultural products that work with local harvest cycles. VFC also offers training on increasing crop yield and helps farming cooperatives access better agricultural inputs. By supporting this loan, you are helping rural Rwandan farmers improve their crop yield and ability to support their families.

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
  • 605.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of C7808 Dushyigikirane Group's $3,275 loan helped a member to buy fertilizer for his farm.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2012
Listed
Sep 18, 2012
Currency Exchange Loss:
Possible
Ended:
May 8, 2013