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Dufanyebahinzi No1 Group
In this Group: Janvier, Venancie, Auguste, Olivier, Pascal, Gabriel, Michel, Jean Paul, Jean Baptiste, Jean Claude
Janvier N. is a businessman and a member of the Dufanyebahinzi no.1 group. He was born in Gikongoro, Rwanda, is 38 years old, married and has one child who is 14 years old. He completed three years at primary school, and his child goes to school. He has been a customer of ACB since 2010 and is going to use his loan to buy beans, sorghum, corn, cassava and rice. His plan of action to expand his business is to have a stock or a depot to be able to sell his products in different areas of Ruhuha. He would like to become a wholesaler, pay his child's school fees and also buy a house to live in.
View original language description ↓
Janvier N. est commerçant, et membre du groupe Dufanyebahinzi no 1. Il est ne a Gikongoro, Rwanda, il a 38 ans, marié, et il a 1 enfants de 14 ans. Il a fini 3 ans d’école primaire, et son enfant va a l’école. Il est client d’ACB depuis 2010, et il va utiliser son prêt pour l’achat des haricots, sorghos, mais, manioc, et riz. Sa stratégie pour la croissance de l’affaire est d’avoir un stock ou dépôt stock pour vendre ses articles dans les différents secteurs de Ruhuha. Il voudrait devenir grossiste, payer des frais scolaire pour ses enfants, et aussi acheter une maison d’habitation.

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
  • 71
    View loans »
    Rwanda Loans Fundraising
  • $11,859,700
    Funds lent in using Kiva
  • 595.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Dufanyebahinzi No1 Group's $2,200 loan helped a member purchase of beans, sorghum, corn, cassava and rice.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 30, 2010
Listed
Jan 10, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011