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Oct 12, 2016 9:30 AM ET

Archived: Rwanda: Abizerwa Nyakabanda Group – A loan of $2,425 helps a member to buy more inventory such as rice, bananas, beans, juice, Fanta etc to sell.

iCrowdNewswire - Oct 12, 2016

Abizerwa Nyakabanda Group

Rwanda / Food Market
Borrower image

Abizerwa Nyakabanda Group’s story

Caritas is 40 years old and is married with children. Due to her experience and background, Caritas was nominated as the group leader for Abizerwa Nyakabanda. Caritas is the person who has raised up her hand, wearing a yellow dress.

Carita has owned and operated a corner market for some time. Like many of those in the group, her business is well organized and requires that she work from 6am to 10pm every day. Despite the long days, Caritas is determined to operate a successful business in order to provide a better life for her children.

Caritas has requested a loan from Kiva through VisionFund Rwanda, in order to buy inventory like: rice, bananas, beans, juice, Fanta etc. With the profits from this loan, she will be able to reinvest in her business, pay school fees for her children and save for her future.

In this group: Marie Terese , Pascasie, Eric , Valens , Caritas , Valens , Emmanuel , Moussa , Jean Damascene, Josephine , Thacienne
*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 $2,425 helps a member to buy more inventory such as rice, bananas, beans, juice, Fanta etc to sell.

Contact Information:

Abizerwa Nyakabanda Group

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