100%

funded

Total loan: $2,475

Duteraninkunga Group

, , Rwanda / Agriculture

Duteraninkunga Group's loan finished fundraising, but these other borrowers need your support


A loan helped to expand her agriculture business by cultivating more rice to sell.


Duteraninkunga Group's story

Edith, holding the piece of paper in the picture above, is the president of Duteraninkunga Group. She has worked with Vision Finance Company since 2008 to develop her business, and is happy to report that she is a repeat client, which shows her diligence and commitment.

Edith is a 37-year-old married mother of four children between 8 and 18 years of age. She has owned and operated an agriculture business selling rice for the past five years, an enterprise that requires her to work from 6 a.m. until 12 p.m. every day, and still manage her household.

Edith has requested a Koramuhinzi loan from Kiva lenders via Vision Finance Company to expand her agriculture business by cultivating more rice to sell. The Koramuhinzi loan product is a pre-harvest loan where the borrower will not be required to pay off the principle until after the harvest. This loan will allow Edith and her family to maintain their current standard of living until proceeds from the harvest arrive. With the pre-harvest funds, Edith will be able to pay her children's school fees and provide family support until her crops are ready to sell. She intends to use the profits from her harvest to save for the future.

The other members of Duteraninkunga Group have similar business, requiring an influx of funding to continue the success and expansion of their businesses. The average loan size in this group is 162,000 RWF.