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Abahujumugambi /rhh 2 Group
In this Group: Jean Bosco, Mathieu, Cyprien, Frederique, Erasto, Calixte, Emmanuel, Etienne*, Bosco
* not pictured
Bosco is a client of ACB and member of the Abahujumugambi group. He is 31 years old and married with three children between 8 and 9 years old, one of whom is in school. He is of Rwandan nationality and has five years of primary studies. This is his first loan with ACB, and with the loan he will buy fertilizer (urea, NPK) and pay labor costs. His strategy for business growth is to improve his present rice cultivation activity. His ambitions are to become a wholesaler and pay his children’s school fees and healthcare costs for the family.
Bosco est le client d.ACB,il est le membre du groupe Abahujumugambi.Il est marie, il a 31 ans, il a 3 enfants entre 8 ans et 9 ans et 1 enfant va à l’école ,il a la nationalité Rwandais, il 5 ans des études primaire. C’est son première cycle de prêt avec ACB, et avec le prêt il va acheter des fertilisants (urée, NPK)et payé main d'oeuvre.la stratégie pour la croissance de l’affaire est d’améliorer les activités actuelle de l’agriculture de riz. Pour son ambition il voudrait être grossiste, paye les frais des scolarités pour ses enfants et paye le frais médicaux pour la famille.

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

  • $1,000
    Average annual income
  • 24
    View loans »
    Rwanda Loans Fundraising
  • $13,392,250
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Abahujumugambi /rhh 2 Group's $1,025 loan helped a member to buy fertilizers (urea, NPK) and pay labor costs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 4, 2011
Listed
Aug 12, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012