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Fidele
Fidèle N. was born in 1982 in Kamonyi, in the former prefecture of Gitarama, and he currently lives in the province of Kigali, the capital of Rwanda.

A young married man, he trades in meat at Nyabugogo in the sector of Muhima. With this loan, he wants to buy a cow to supply meat for his butcher's shop. He has regular meat customers because he supplies restaurants and he is paid monthly. Because of his customers' transactions, he quickly depletes his stock and needs to buy more cows to slaughter and to sell much more meat.

He has been able to meet the needs of his family and pay the rent by continually saving. In the future, he would like to buy his own house as he currently rents, and he would like to plan for his family's future.
View original language description ↓
N. Fidèle est homme né en 1982 à Kamonyi, ancien préfecture de Gitarama, il vit actuellement en province de Kigali, capital du Rwanda. Il est jeune marié, Il fait le commerce de viande à Nyabugogo en secteur de Muhima. Avec le prêt il veut acheter une vache pour viande de son boucherie, la clientèle des viandes est permanant car il les fournit des restaurent qui lui payent mensuellement. Les mouvements des clients lui permettent de vider très rapidement le stock et avoir la nécessité d’acheter beaucoup des vaches à abattre et vendre beaucoup des viandes. Les épargnes continuelles lui permet de la survie de sa famille en payant le loyer, dans l’avenir il veut avoir sa propre maison car il loue, et planifier pour le bon futur de sa famille.

Additional Information

About Amasezerano Community Banking, S.A.

Amasezerano Community Banking, S.A., is a for-profit microfinance institution founded in 2005 by the Rwandan NGO African Evangelist Enterprises-Rwanda and 61 individual shareholders, and has been a Kiva partner since June 2010. The mission of Amasezerano Community Bank (ACB) is to have a holistic, positive impact on the lives of poor people by providing quality financial services. ACB’s client base is composed primarily of farmers, small-business owners, women entrepreneurs and low-wage private-sector salaried workers. Credit offerings are tailored to meet client needs, and include group solidarity loans, agricultural loans, loans for women entrepreneurs, small-business loans, and loans for salaried workers. ACB also offers mobile money transfers, currency exchange and life insurance services to its borrowers.

About Rwanda

  • $1,700
    Average annual income
  • 35
    View loans »
    Rwanda Loans Fundraising
  • $14,382,325
    Funds lent in using Kiva
  • 585.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Fidele to buy a cow to slaughter and have meat.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2010
Listed
Aug 23, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010