Check out other loans that are currently fundraising!
C2866 Dufatanurunana Group
In this Group: Jeanne D' Arc, Salom , Athanase , Damas , Faustin , Felix, Asshula, Shella , Esperence , Mathieu, Speciose , Celestin
Athanase R. is 57 years old, married with five children, and he and his wife also take care of two dependents. Athanase lives in the Gasabo district where he is the president of the group called Dufatanurunana. This group operates the business of selling a variety of goods in a well known local shop and it is open from 6 a.m. to 9 p.m. every day. All are committed to the success of the business and are excited about the possibility of being able to buy more goods to sell to attract more customers and make more sales and, hopefully, more profits as well!

This group is now requesting its first loan from Kiva lenders via Vision Finance Company in order to expand their shop by purchasing some additional goods which will make them more competitive. If successful, they plan to build their own warehouse, pay school fees for their children, and continue to build a secure future for themselves and their families.

Additional Information

More information about this loan

This loan helps low-income entrepreneurs in Rwanda grow their businesses and, ultimately, to support their families. These loans typically serve very poor and rural clients and particularly women, who often lack access to the traditional collateral needed for a loan. VFC serves these entrepreneurs through both individual and group loans and provides them with financial education and tools for them to save money for the future. By supporting this loan, you are helping Rwandan entrepreneurs build the means to support their families and improve their lives.

About VisionFund Rwanda

VisionFund Rwanda (VFR), is the microfinance subsidiary of World Vision and is one of the largest microfinance institutions serving rural underprivileged communities in Rwanda, many of which do not have access to formal financial services.

VFR serves people and communities that are economically productive but low-income, especially in very rural areas. This includes small business owners and salary earners who are looking for opportunities to provide better lives for their families and a promising future for their children.

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
  • 39
    View loans »
    Rwanda Loans Fundraising
  • $18,427,025
    Funds lent in using Kiva
  • 568.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of C2866 Dufatanurunana Group's $2,125 loan helped a member to buy additional goods for their business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 6, 2009
Nov 8, 2009
Currency Exchange Loss:
Jun 17, 2010