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Emmanuel M. owns a grocery store. He has been a client with the microfinance institution ACB since 2011. He is 38 years old, married and the father of four children, aged between 2 months and 11 years, and he takes care of two other people. Two of his children attend school. Emmanuel was born in Rubavu in Rwanda and he studied until fourth grade in secondary school.

This is his first loan cycle with ACB. He will use the loan to buy juice, toothpaste, mayonnaise, potatoes, oil, sugar and other retail grocery items. He does not expect any problem to meet the repayment schedule of the loan. His growth strategy for the business is to increase his inventory. He would like to become of wholesaler of groceries in Rubavu, ensure the well-being of his family and have his children educated. To increase his earnings, Emmanuel rents houses for dwelling (70,000 Rwandan francs per month) and a refrigerator (15,000 Rwandan francs).
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Emmanuel M. est commercant des aliments, et client d’ACB depuis 2011. Il a 38 ans, il est marié, et il a 4 enfants entre 2 mois et 11 ans, et 2 personnes en charge. Deux de ses enfants vont à l’école. Emmanuel est né à Rubavu, au Rwanda, et il a fini 4 ans d’école secondaire. Ce crédit est son premier cycle avec ACB, et il va utiliser son prêt pour l’achat de jus, Colgates, mayonnaises, pommes de terre, huile, sucre, et autres choses a détailler pour son business de commerce. Il n’y a pas des difficultés attendues de non remboursement du crédit. Sa stratégie pour la croissance de l’affaire est d’améliorer les quantités à vendre dans son business. Il voudrait devenir un grossiste dans le secteur de Rubavu, assurer le bien-être de sa famille, et éduquer ses enfants. Pour augmenter son revenu, Emmanuel fait aussi la location de maisons a usage résidentiel (70,000FRW par mois), et la location d’un frigo (15,000FRW par mois).

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

  • $1,700
    Average annual income
  • 33
    View loans »
    Rwanda Loans Fundraising
  • $14,430,250
    Funds lent in using Kiva
  • 591.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Emmanuel to buy juice, toothpaste, mayonnaise, potatoes, oil, sugar and other grocery items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 10, 2011
May 14, 2011
Currency Exchange Loss:
Dec 15, 2011