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C7851 Abakangukiramajyambere Group
In this Group: Celestin, Faustin, Athanase, Vincent, Marc
Celestin is 30 years old and is married with one child, who is four years old, and he takes care of three relatives. He sells rice in his business, which is open from 6:00 a.m. until 1:00 p.m. every weekday. Celestin has six years of experience in this business.

He is the leader of his group, which is called C7851 Abakangukiramajyambere in the local language. In the photo, he is the one sitting down.

Celestin has requested a loan from Kiva lenders via Vision Finance Company in order to cultivate a large quantity of rice for resale. With this profit, Celestin will save money for the future, to pay school fees and re-invest in his 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
  • 49
    View loans »
    Rwanda Loans Fundraising
  • $18,404,150
    Funds lent in using Kiva
  • 625.1
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of C7851 Abakangukiramajyambere Group's $725 loan helped a member to cultivate a large quantity of rice for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 8, 2013
Feb 16, 2013
Currency Exchange Loss:
Nov 6, 2013