Innocent N. is a motorbike taxi driver and member of the IN. group. He joined ACB in 2009. He is 36 years old and was born in Burundi. He is married with a 1-year-old child, and has another person in his care. He completed six years of primary school.
This is his second loan cycle with ACB, and the previous loan has been fully repaid. He will use this loan to buy two motorcycles for his group. His growth strategy is to repay this loan, and seek additional loans in order to expand his activity. He wants to develop his business and become a motor car taxi driver. He wants to ensure his family’s well-being and pay for his child’s tuition, his other activities, and his rent.
* Jean Paul N. is present in the photo, but barely visible
Innocent N. est motard, et membre du groupe IN.. Il est client d’ACB depuis 2009, ne a Burundi, et il a 36 ans. Il est marié, et il a un enfant d’un an, et une personne en charge. Il a fini 6 ans d’école primaire. Ce prêt est son deuxième cycle avec ACB, et il a bien rembourse ses prêts. Il va utiliser son prêt pour acheter 2 motos pour son groupe de motards. Sa stratégie pour la croissance de l’affaire est de rembourser bien ce crédit, tout en sollicitant beaucoup de crédits en vue de développer son activité. Il voudrait développer son business, et devenir taxi-man de la voiture. Pour sa famille, il veut assurer le bien-être de sa famille, et payer des frais d’études pour son enfant. Son autre activité et la location de sa maison d’habitation.
*Jean Paul N. est present dans la photo, mais pas bien visible
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.