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C6227 Dufatanye Group
In this Group: Verene, Poucherie, Celestin, John Watheif, Josiane, Mediatrice, Carallie, Theogene, Jeanine, Laurent, Daphorose, Appolinaire
Verene is 40 years old. She is a widow with four children between the ages of 6 and 20. She is the representative of a group called "Dufatanye" in the local language. Verene and her group have requested a loan from Kiva lenders via Vision Finance Company in order to expand their businesses and earn more profits. Verene is the first person on the left in the picture.

Verene owns a small shop that sells beans, sorghum, and other goods. She has three years of experience in her business. She employs one person in her business as a helper so that her business runs well.

With the profits, Verene will build a comfortable house; she also needs a refrigerator, which will allow her to create a new business of selling cold soft drinks.

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
  • 48
    View loans »
    Rwanda Loans Fundraising
  • $18,405,575
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of C6227 Dufatanye Group's $2,725 loan helped a member to buy beans and sorghum.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Feb 17, 2011
Apr 1, 2011
Currency Exchange Loss:
Aug 15, 2011