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C2362 Abizeranye Group
In this Group: Adela , Marie Immaculee, Joseph, Faina, Veneranda
Adela is 45 years old and married with six children between the ages of 15 and 28. Adela also takes care of two dependent relatives. With this big family, Adela provides all the necessities because no one else in her family works. Adela is a business woman selling various foodstuffs such as beans, maize, and so on. Adela is seasoned in her business because she has 10 years of experience. The hours of her business are from 5 in the morning to 6 in the evening. Adela is also the group representative for five people with different businesses.

Adela and her group are requesting a Kiva loan via Vision Finance Company to expand their businesses by purchasing different products needed by their customers. With this loan, Adela and her group will be able to earn enough profit to help them sort out their business problems and their family problems as well.

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 Vision Finance Company s.a – Rwanda (VFC)

Vision Finance Company, soon to be known as Vision Fund 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.

VFC 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
  • 45
    View loans »
    Rwanda Loans Fundraising
  • $16,941,150
    Funds lent in using Kiva
  • 588.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of C2362 Abizeranye Group's $1,725 loan helped a member to expand the business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 15, 2010
Oct 24, 2010
Currency Exchange Loss:
Nov 15, 2011