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Twunguranibitekerezo Group
In this Group: Emmanuel , Emmanuel , Odette , Athanase , Faustin
Emmanuel N. is 40 years old, married, and a member of TWUNGURANIBITEKEREZO group in Sake. All the members are farmers. He was educated at the elementary school level. He has 6 children. The oldest is 16 years old and the youngest is one year old. Three of his children go to school. He and his family live in the Bugesera district of Sake, in the Eastern Province. He is a rice farmer. He has just taken out a loan from Amasezerano to increase the amount of his savings so he can buy chemical fertilizers. His savings have enabled him to buy a cow. Thanks to these savings, he provides for his family. In the future he wants to continue to repay his loan so he will be able to provide for his family’s needs and stabilize its finances.
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Emmanuel N., un des membres du groupe TWUNGURANIBITEKEREZO de sake dont les membres sont tous agriculteurs, il est marié et a 40 ans. Son niveau d’étude est primaire.
Il a 6 enfants, le premier a 16 ans et le cadet a 1an, trois des ses enfants vont a l’école. Il habite avec sa famille en district de Bugesera précisément à sake, en province de l’est. Il est agriculteur de riz, il vient de contracter un prêt au sein d’Amasezerano pour augmenter l’argent de ses épargnes pour acheter les angrais chimiques. Ses épargnes lui ont permis de pouvoir acheter une vache, grâce à ces épargnes aussi elle fait vivre sa famille. Dans l’avenir elle veut continuer à mieux payer son prêt afin de pouvoir bien tenir sa famille aisément et de stabiliser sa finance.

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.

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
  • 31
    View loans »
    Rwanda Loans Fundraising
  • $14,226,825
    Funds lent in using Kiva
  • 587.7
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Twunguranibitekerezo Group's $875 loan helped a member to buy chemical fertilizer, N.P.K.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 2, 2010
Listed
Sep 22, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011