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C5601 Tuzamurane Group
In this Group: Grace , Josephine, Jean D'amour, Dianne, Beata, Constance, Languida, Francine
Josephine was born in 1984. She is married with one child and two dependant relatives. No one in Josephine's family has an occupation. That's why Josephine has to work hard so that she develops her business. Josephine owns a business selling various products in her living space. This business is profitable, but she does not have enough money to invest. That is why she needs a loan. Josephine is the leader of a group called TUZAMURANE in the local language.

Josephine and her group are requesting a loan from Kiva lenders via Vision Finance Company in order to increase their investment so that they can satisfy their customers. Once this satisfaction is reached, Josephine and her group will get enough money, which will help them to sort out some family problems and business.

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
  • 50
    View loans »
    Rwanda Loans Fundraising
  • $18,405,575
    Funds lent in using Kiva
  • 587.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of C5601 Tuzamurane Group's $1,375 loan helped a member to expand the business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 15, 2010
Jul 17, 2010
Currency Exchange Loss:
Jan 15, 2011