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Aug 24, 2016 1:22 PM ET

Archived: Rwanda: Twitezimbere-Busogo Group – A loan of $2,600 helps a member to purchase more seeds to cultivate more irish potatoes to sell.

iCrowdNewswire - Aug 24, 2016

Twitezimbere-Busogo Group

Rwanda / Farming
Borrower image

Twitezimbere-Busogo Group’s story

Faustin is married and has six children. He owns a food business where he sells Irish potatoes, which he has been doing for 15 years. His business is well-organized. He works from 8:00 a.m. to 9:00 p.m every day.

Faustin is requesting a loan from Vision Fund Rwanda, which he will use to buy more seeds to cultivate more Irish potatoes. He plans to reinvest his profits in his business and save for the future. Faustin is the leader of the group called “Twitezimbere-Busogo ” in the local language. He is pictured above as he is sitting in front of others.

In this group: Immaculee, Marie Rose, Venancie, Anastase, Justin, Virginie, Julienne, Faustin, Deo, Foromina
*not pictured

Show previous loan details

This loan is special because:

It supports entrepreneurs helping to rebuild Rwanda’s economy. 

Elizabeth Davidson
Kiva staff 

More 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. VisionFund Rwanda 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.

A loan of $2,600 helps a member to purchase more seeds to cultivate more irish potatoes to sell.

Contact Information:

Twitezimbere-Busogo Group

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