Elina Byukusenge is a corn farmer and has been a client of ACB since 2008. She is 40 years old and married. Born in Rwanda, she has six children, aged 5 to 23. Four of her children go to school. Elina finished two years of secondary schooling.
This loan is her first cycle with ACB, and she is going to use her loan to buy 10 kg of corn, to lease fields, and to pay for labor. Her strategy for business growth is to add to her arable land. She would like to become a major grower in the Rubavu area. She would also like to ensure her family's well-being and to build other houses to rent out.
Elina Byukusenge est agricultrice de mais, et client d’ACB depuis 2008. Elle a 40 ans, elle est mariée, née au Rwanda, et elle a 6 enfants entre 5 ans et 23 ans. Quatre de ses enfants vont à l’école, et Elina a fini 2 ans d’école secondaire. Ce crédit est son premier cycle avec ACB, et elle va utiliser son prêt pour acheter 10 kgs de mais, louer les champs, et payer la main d’œuvre. Sa stratégie pour la croissance de l’affaire est d’augmenter des champs à cultiver. Elle voudrait devenir une grande agricultrice dans le secteur de Rubavu. Elle voudrait aussi assurer le bien-être de sa famille, et construire des autres maisons d’habitation à louer.
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.