Verdienne lives with her family in Ruhuha. She belongs to the solidarity group called BAKEBEZA in Ruhuha. The members of this group are rice farmers in a rural area of the Bugesera district, and they guarantee one another. The loan signed with ACB is Verdienne's second one. The first one helped to expand the area cultivated and to improve her family's living conditions. It should be noted that part of the profits is saved in the group's account, and another part is used for family expenses.
In the future, after having finished paying the loan, Verdienne will be able to requesting a new loan for buying a cow and two sheep.
Note: The men in this group are represented by their wives.
riz en milieu rural du district de Bugesera, les membres de ce groupe se garantissent mutuellement, Le crédit contracté avec ACB est le deuxième, le précédent lui sont aidés d’augmenter l’étendu cultivé, et améliorer les conditions de vie da sa famille. Notons qu’une partie du profit est épargné sur le compte du groupe et une autre est utilisé dans les dépenses familiales. Dans l’avenir, après avoir terminé les remboursements du crédit, elle pourra solliciter un nouveau prêt pour acheter une vache et deux moutons.NB hommes dans ce groupes sont representés par leurs femmes.
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.
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Success!! The loan was 100% repaid