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C7901 Abahujumugambi Group
In this Group: Gregoire, Felicien, Isabelle, Josephine, Floride
Gregoire is 28 years old and married with two children between the ages of 3 and 4. He has a shoe vending business which is open from 8 a.m. until 5 p.m. daily, except on Sunday.

He has been doing this work for three years, and currently employs one person to help him. He is the leader of a group called 'C7901 ABAHUJUMUGAMBI' in the local language, and his hand is raised in the photo.

Gregoire has requested a loan from Kiva lenders via Vision Finance Company to purchase more shoes to sell. He will reinvest the profits in his business, and save money for his future.

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
  • 640.1
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of C7901 Abahujumugambi Group's $1,625 loan helped a member to purchase more shoes to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 22, 2013
May 25, 2013
Currency Exchange Loss:
Aug 14, 2015