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Twisungane 23 B Group
In this Group: Fortunatus, Boniface, Theogene, J.marie, Elias, Theogene, Isaie, Theobard, Jean, Immaculé
Boniface is a rice farmer who was born in Rwanda. He is a member of the group TWISUNGANE 23 B. He is married and 31 years old. He has no children and no dependents. He has had six years of primary schooling. This is his first round of loans with ACB. He will use his loan to pay workers and buy chemical fertilizer for his rice farming business. He does not expect any difficulties with repaying his loan. His business growth strategy is to make the fields bigger in order to increase production. His vision is to fix a house and have a good harvest. For his family, he would like to pay their medical insurance premium.
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Boniface est agriculteur du riz, né au il est membre du groupe TWISUNGANE 23 B. Il est marié, il a 31ans, il n’a aucun enfant et il n’a aucunes personnes en charge. Il a six ans des études primaires. C’est son premier cycle de prêt avec ACB. Elle va utiliser son crédit pour payer les ouvriers et acheter les angrais chimiques pour ses activités de l’agriculture du riz. Il n’a aucune difficulté attendue de non-remboursement de son prêt. Sa stratégie pour la croissance de son business est d’augmenter les champs en vue d’accroitre la production. Sa vision est de faire la réhabilitation d’une maison et avoir la bonne production. Pour sa famille il voudrait payer le frais de mutuel de sante.

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
  • 65
    View loans »
    Rwanda Loans Fundraising
  • $15,230,800
    Funds lent in using Kiva
  • 591.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Twisungane 23 B Group's $1,700 loan helped a member to buy chemical fertilizer and to pay laborers.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
At end of term
Jun 9, 2011
Jun 12, 2011
Currency Exchange Loss:
Oct 15, 2011