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Ruth
Ruth U. is a trader and has been a customer of ACB since 2010. She is married, born in Rwanda, and she completed six years of secondary school. She has three children between the ages of seven and eleven, and they are all at school. She is going to use her loan to buy twelve pieces of cheaper damask fabric, five sheets, one bed cover, seven pairs of girls' trousers, ten pairs of mens' trousers and transport. Her strategy for expanding her business is to increase the quantities of goods she sells and to look for other good deals. She would like to become a wholesaler and be able to finance herslef. She would also like to pay her children's studying costs and provide for her family's well-being.
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Ruth U. est commerçante, et client d’ACB depuis 2010. Elle est mariée, née a Rwanda, et elle a fini 6 sans d’école secondaire. Elle a 3 enfants entre 7 ans et 11 ans, et tous vont à l’école. Elle va utiliser son prêt pour acheter 12 basins moins chère, 5 draps, 1 couvre-lit, 7 pantalons de fille, 10 pantalons d’hommes et transport. Sa stratégie pour la croissance de l’affaire est l’augmentation de quantités vendues, et recherche d’autres marchés. Elle voudrait devenir grossiste, et s’autofinancer. Elle voudrait aussi payer les frais d’études pour ses enfants, et assurer le bien-être de sa famille.

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
  • 24
    View loans »
    Rwanda Loans Fundraising
  • $11,741,025
    Funds lent in using Kiva
  • 585.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Ruth purchase of twelve pieces of cheaper damask fabric, five sheets, one bed cover, seven pairs of girls' trousers, ten pairs of mens' trousers and transport.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2011
Listed
Jan 28, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011