Abunzubumwe Kgrm Group
She sells fruit in Nyabugogo. She is married and has three children between the ages of five and ten. All attend school.
Séraphine plans to use her loan to buy fruit. In order to boost her operations, she could sell the fruit at the Nyabugogo market. Her goal is to renovate the family home.
Note ** There are eight people in the photo, but this group consists of seven members. One of the ladies was pregnant and is not currently active within the group.
Note** Il y a sept personnes dans ce groupe, mais il y a huit personnes dans la photo. Une de ces femmes était enceinte, alors elle ne travaille pas encore.
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