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Charles
Charles S. is a farmer. He is 29 years old, single and was born in Rwanda. He will use his loan to buy 600 kilograms of potatoes, a pump for insecticide, 300 kilograms of fertilizer and 150 kilograms of détane (insecticide), as well as hire workforce. His strategy for the growth of his business consists in increasing his working capital, using first-class seeds and looking for adequate transportation means. He would like to improve his production capacity and select an appropriate sales spot in his district to sell his products. He wants to provide a good living standard to his family and at the same time save more money. Charles is a representative of Agrofa, a farmers' organization in Rwanda. And he rears cattle.
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Charles S. est agriculteur. Il a 29 ans, célibataire, et né a Rwanda. Il va utiliser son prêt pour acheter 600 kgs de pommes de terre, 1 pompe pour l’insecticide, 300 kgs d’engrais, 150 kgs de détanes (type d’insecticide0, et payement de main d’œuvre. Sa stratégie pour la croissance de l’affaire est l’augmentation de fonds, utilisation de semences sélectionnées, et il cherchera le matériel de transport dans son business. Il voudrait l’amélioration de la capacité de son activité, et mettre et chercher le comptoir de vente de ses produits dans son district. Il voudrait aussi assurer le bien-être de sa famille tout en améliorant la politique d’épargne. Charles et agent d’AGROFA (organisation Rwandais pour les agriculteurs), et aussi élévateur des vaches.

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
  • 66
    View loans »
    Rwanda Loans Fundraising
  • $11,859,700
    Funds lent in using Kiva
  • 585.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Charles to buy 600 kilograms of potatoes, a pump for insecticide, 300 kilograms of fertilizer and 150 kilograms of détane (insecticide), as well as hire workforce.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 24, 2011
Listed
Jan 26, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011