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Abunzubumwe Rsz Group
In this Group: Innocent, Ernest, Jacques, Théogène, Innocent, Pancrase, Donatien, Canisius, Francois, Venant, Immaculée*, Jean, Odrique, Annociatte*, Patricie, Félix, Cyprien, Daniel, Berthe*, Ezechiel, Paulin, Zachée, Silas, Jacqueline*
* not pictured
Theogene Sibomana is a rice farmer and the leader of the group Abunzubumwe. He has been a client of ACB since 2011. He is married and has ten children, aged 7 to 22, plus he has another person in his care. Four of his children attend school. Theogene was born in Rwanda. He has completed four years of primary schooling.

This loan cycle is his first one with ACB. He is going to use his loan to buy fertilizer and to pay for labor for his rice-growing business. He would like to become a modern farmer in the Rusizi district and to educate his children well.
View original language description ↓
Theogene Sibomana est agriculteur de riz, chef du groupe Abunzubumwe, et client d’ACB depuis 2011. Il est marie, et il a 10 enfants entre 7 ans et 22 ans, et une personne en charge. Quatre de ses enfants vont a l’ecole. Il est ne au Rwanda, et il a fini 4 ans d’ecole primaire. Ce credit est son premier cycle avec ACB, et il va utiliser son prêt pour acheter des fertilisants et payer la main d’oeuvre pour son activite d’agriculture de riz. Il voudrait devenir un agriculteur moderne dans le secteur de Rusizi, et bien eduquer 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

  • $1,700
    Average annual income
  • 55
    View loans »
    Rwanda Loans Fundraising
  • $15,328,600
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Abunzubumwe Rsz Group's $4,075 loan helped a member to buy fertilizer and to pay for labor.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 21, 2011
Listed
Apr 29, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011