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Abahuje Group
In this Group: Faina, Desire, Leoncie, Marie Anne, Verena, Alphonsine, Russien, Jacqueline, Christine, Frederic, Esperance, Drocella, Rachel, Hycenthe, Colette, Aloysie, Alphonsine, Odette, Marianne, Adelphine, Immaculee*, Marie Beathe, Beatrice, Mediatrice, Antoinette, Beatrice
* not pictured
Alphonsine is 30 years old. She is married with two children aged between four and five. Alphonsine is a group leader of Abahuje meaning “we are together” and the group members do different types of business. Some own retail and/or general stores. Alphonsine, as the president of the group, sells food. She wants to upgrade her business with the loan by adding more food in the store such as rice, sugar, beans as well salt and soaps for sale. With the profits from the business, she will be able to increase her savings and provide food for her family. Alphonsine is pictured raising her hand to so that she may be identified within the group as a leader.

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

  • $1,000
    Average annual income
  • 59
    View loans »
    Rwanda Loans Fundraising
  • $12,325,600
    Funds lent in using Kiva
  • 635.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Abahuje Group's $5,825 loan helped a member to buy more food such as rice, beans and other items to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Apr 14, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013