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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 is part of Vision Finance Company's Koramuhinzi ("Farmer, please work") program designed to serve poor entrepreneurs working in agriculture and livestock in rural communities. This type of loan, 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.

This flexibility is critical in Rwanda where 85% of the population is employed in agriculture, but many formal financial institutions consider the sector to be too risky to invest. By funding this loan, you are expanding opportunity to farmers with limited options.

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
  • 605.0
    Rwanda Francs (RWF) = $1 USD