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Gisozi Icyerekezo Tcb Group
In this Group: Irene, Patricie, Elie, Ismael, Christine, Javerine, Christine*, Claudine, Jean Marie, Philbert, Joyeuse, Primitive, Ezechiel, Dathive*, Isabelle, Violette, Elie, Olive, Adelphine, Jeaninne*, Claudine, Jean De Dieu
* not pictured
Icyerekezo means vision, and is the name of this loan group, which is made up of different members with different business types. Isabelle leads the group and owns a store where she sells various items such as bread, soap, donuts and pampers. She will use this loan to add more items, including mineral water, fresh dairy and mayonnaise, to her inventory. She plans to use the profits she makes from her business to build a house. All group members dream of having better lives and believe they have chosen the right path to do that.

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

  • $1,700
    Average annual income
  • 53
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 680.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gisozi Icyerekezo Tcb Group's $5,850 loan helped a member to buy mineral waters dairy products and mayonnaise to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2014
Listed
May 30, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014