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Abizeranye Acb Group
In this Group: Julienne, Girbert, Clementine, Ezechiel, Claudine, Leonille*, Assouman, Hasina, Genevieve, Beatrice, Jean Baptiste
* not pictured
Abizeranye ACB is a group led by Hasina who has been actively leading the group for the past 8 years. Hasina and her fellow group mates strive to work hard for a better living. All the group members sell different items and they all aim to attain a big level in their business. Hasina sells various items in her stall, and has requested the loan to add more of items such as basins, flasks and sugar for sale. The profits from the business will be used to reinvest in her business. Hasina puts up her hand as symbol of the group leader.

Additional Information

About Urwego Opportunity Bank of Rwanda (UOB)

Urwego Opportunity Bank (UOB) helps underserved Rwandans by providing its clients with the necessary credit and savings capabilities required for economic transformation. It offers credit products, including group and individual loans, as well as training in business development, financial literacy and health management. UOB loan products leverage social collateral since most group members have little to no collateral.

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
  • 2
    View loans »
    Rwanda Loans Fundraising
  • $15,573,075
    Funds lent in using Kiva
  • 685.0
    Rwanda Francs (RWF) = $1 USD