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Terimbere Munyarwandakazi B Group
In this Group: Thérèse, Agnès, Patricie, Béatrice, Esther, Espérance, Espérance, Spéciose, Gaudence
Patricie Murekatete is a farmer and a client of ACB since 2010. She is 41 years old and married. She was born in Rwanda. She has four children ranging from 7 to 18 years of age, all of whom attend school. She has finished four grades of secondary school. She will use her loan to buy an insecticide pump, 500g of seeds, 20 kg of onions, 20 kg of fertilizers, and pay for manual labor. Her business strategy is to increase her production volume. She would like to become an important farmer in her area, provide for the well-being of her family and pay for her children’s education.
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Patricie Murekatete est agricultrice, et client d’ACB depuis 2010. Elle a 41 ans, elle est mariée, et née a Rwanda. Elle a 4 enfants entre 7 ans et 18 ans, tous vont à l’école, et elle a fini 4 ans d’école secondaire. Elle va utiliser son prêt pour acheter une pompe pour l’insecticide, 500 grammes de pépinière, 20 kgs d’oignons, 20 kgs de fertilisantes, et main d’œuvre. Sa stratégie pour la croissance de l’affaire est d’augmenter la capacité de son affaire. Elle voudrait devenir une grande agricultrice dans son secteur, assurer le bien-être de sa famille, et payer les frais d’études pour ses enfants.

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
  • 31
    View loans »
    Rwanda Loans Fundraising
  • $13,303,700
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Terimbere Munyarwandakazi B Group's $1,525 loan helped a member purchasing an insecticide pump, fertilizers, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 31, 2011
Listed
Feb 1, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011