We’ve just made our 69th and 70th microfinance loans to two groups of women in the African nation of Rwanda.
Christine is 32 years old and is married. She has three children between the ages 5 and 11 years. She is the president of a group called “Abahujimbaraga.” She is in the middle who raise the hand.
Christine sells various goods such as rice, sugar, bread and biscuits. Christine employs two persons for help her and has been working for two years. She and her group have requested a loan from Kiva lenders in order to purchase more goods such as beans, cassava, maize, rice, sugar, bread, etc to sell.
With the profits achieved through their $1700 USD loan, Christine and her team would like to satisfy the basic needs of their families, reinvest in their businesses and start saving.
Immaculee is 36 years old and is married with three children between the ages of 6 and 10 years old. She is the president of a group which called “Umucyo”. Her business is well-organized. she sells charcoal in her market. She has seven years of experience and works from 6 am until 10 pm every day.
Immaculee and her group have requested a $1200 USD loan from Kiva in order to purchase more goods like charcoal to sell. With their profits, Immaculee and her group will reinvest in their businesses and to build their own houses.