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Priscille's Group
In this Group: Priscille, Marceline, Theresie, Hadjati, Tharcienne, Donatha, Agnes, Jacqueline, Nasia*, Christine, Trojani, Philemon, Zabronie, Potiane, Pacifique, Sarah*, Sarah, Marie Chantal, Marcelline, Esperance*
* not pictured
“Mugambimwiza” is a word meaning “good plan” in English. Led by Donatha, the group sells different items and they are very dedicated members because all of them see and have a hope for better future business.

Donatha is 23 years old. She sells foodstuffs and has been in the business for five years. She has requested a loan to buy more rice and cassava for sale. She is planning to use the profits for providing food for the family and making more savings.

In the picture, Donatha is putting up her hand so that she becomes identifiable from other group members as the group 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
  • 70
    View loans »
    Rwanda Loans Fundraising
  • $11,760,875
    Funds lent in using Kiva
  • 635.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Priscille's Group's $5,675 loan helped a member to buy more rice and cassava to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2013
Listed
Apr 14, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014