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Tuzamurane Group
In this Group: Consieu, Emerine, Felicieu, Beatrice, Nzazakira, Alice
Consieu K. is a ‘cabaret’ (bar) owner and a member of the group Tuzamurane.  He is 63 years old, married, and has three children between the ages of 32 and 36.  He has three years of middle school education.  He is going to use his loan for his cabaret.  His strategy for business growth is do a good job attracting customers.  He would like to reach a level at which he can ask for more than even 1 million RWF.  He would also like his family to progress, as well as his finances.  
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Consieu K. est commercant de cabaret (bar), et il est un membre du groupe Tuzamurane. Il a 63 ans, il est marie, et il a 3 enfants entre 32 ans et 36 ans. Son niveau d’éducation est 3 ans d’école secondaire. Il va utiliser son prêt pour son commerce de cabaret. Sa stratégie pour la croissance de l’affaire est de bien attire les clients. Il voudrait arrive a un niveau ou il peut demander même plus qu’un million RWF. Il voudrait aussi la progression de la famille et de sa cote financière.

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

  • $1,000
    Average annual income
  • 45
    View loans »
    Rwanda Loans Fundraising
  • $13,787,550
    Funds lent in using Kiva
  • 588.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tuzamurane Group's $950 loan helped a member a 'cabaret' business (snack bar).
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2010
Listed
Dec 15, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011