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Girimpuhwe Cb Group
In this Group: Alphonsine, Chaste, Aloys, Carine, Beathe, Fausta, Bernadette, Marie Rose, Alphonse, Heralie*, Marie Chantal, Berthe, Sophie, Fauste, Jeannette, Agnes, Viateur, Faustin, Therese, Aloys, Jacqueline*, Marie*
* not pictured
Girimpuhwe Cb is a group led by Marie Rose, who is 30 years old. The group name means “Have Pity.” The group members live in different locations, selling different items.

Marie Rose sells various merchandise in her store, such as salt, sugar, flour, cooking oil, and many more. She is married to a welder, and they have together four children. All of their children attend school. With the profits from the business, Marie Rose will renovate the house, as she strives to make more savings. In the photo, Marie Rose puts up her hand, for clear differentiation from other members of the group.

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
  • 42
    View loans »
    Rwanda Loans Fundraising
  • $13,772,850
    Funds lent in using Kiva
  • 653.6
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Girimpuhwe Cb Group's $4,675 loan helped a member to buy more salt, flour, cooking oil, and other inventory items for her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2013
Listed
Sep 13, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014