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Abiyunze Group
In this Group: Pelousi, Triphine, Jean Damascene
Jean Damascene M. is a shopkeeper, and he is a member of the Abiyunze group. He is 25 years old, married, and has two children whose ages vary between 10 months and 3 years. He studied up to the 6th grade in primary school, and he is going to use his loan to buy 60 hens for his business. His strategy to raise his sales is to increase his business. He would like to become a large retailer and distribute goods to others. He would also like to ensure the well-being of his family and to be self-financing.
Jean Damascene M. est commerçant, et il est un membre du groupe Abiyunze. Il a 25 ans, il est marie, et il a 2 enfants entre 10 mois et 3 ans. Son niveau d’éducation est l’année 6eme primaire, et il va utiliser son prêt pour acheter 60 poules pour son commerce. Sa stratégie pour la croissance de l’affaire est l’augmentation de l’activité. Il voudrait devenir grand commerçant, et distributeur aux autres. Il voudrait aussi assurer le bien être de sa famille, et s’autofinancer.

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
  • 21
    View loans »
    Rwanda Loans Fundraising
  • $13,429,800
    Funds lent in using Kiva
  • 588.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Abiyunze Group's $525 loan helped a member to buy 60 hens for his business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2010
Listed
Dec 16, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011