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Jean
Jean M. owns a beauty salon. He is 23 years old, married and the father of three children, aged 3 to 6. He wants to use his loan to buy 2 electric clippers, 2 mirrors, 1 TV set with video recorder, 1 amplifier and 5 cutting gowns, as well as pay to have a sink installed. His strategy for increased business consists in investing in high-quality tools to attract more customers. Jean would like to buy a house, because currently he has to rent his dwelling, and to send his children to school. Jean is pictured standing in his salon.
View original language description ↓
Jean M. a un salon de coiffure. Il à 23 ans, il est marié, et elle a 3 enfants entre 3 ans et 6 ans. Il va utiliser son prêt pour acheter 2 machines à coiffer, 2 miroirs, 1 téléviseur et magnétoscope, 1 amplificateur, 5 tissus et les frais d’installation du lavabo. Sa stratégie pour la croissance de l’affaire est augmenter les clients de son salon ainsi son chiffre d’affaires augmente avec le bon matériel pour l’attraction des clients. Il voudrait acheter une maison d’habitation car il loue, et aussi scolariser ses enfants. Jean est celui qui est debout dans son salon de coiffure.

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

  • $1,000
    Average annual income
  • 25
    View loans »
    Rwanda Loans Fundraising
  • $13,391,375
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Jean to buy chairs, electric clippers, cutting gowns, a TV set, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 18, 2010
Listed
Nov 20, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011