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Dufatanye Nº4 Rsz Group
In this Group: Augustin, Jacqueline, Francois, Suzane, Vestine, Jonas, Abraham, Eliazar, Judance, Juvenal
Augustin was born in Rwanda and is part of the Dufatanye Nº4 RSZ group. The name of the group means ´working together´. Augustin is single and is raising 4 orphans. He left secondary school after 3 years, and became a rice farmer. This is his second loan cycle with ACB. He will use his part of the loan to buy chemical fertilizer and pay the labourers who work on his farm. He plans to grow his business by harvesting large amounts of rice from small plots of land, thanks to the use of chemical fertilizers. In the next few years, Augustin would like to become known as the best rice farmer in his valley and become the main supplier of rice in the region. He plans to use the profits from his business to pay for the orphans´ educational expenses and continue with his own education.
Augustin fait partie du groupe Dufatanye Nº4 RSZ. Le nom du groupe signifie « travailler ensemble ». Augustin est né au Rwanda. Il est célibataire avec 4 orphelins en charge. Son niveau d’éducation est 3 ans de secondaire.

Augustin est cultivateur de riz. C’est son deuxième cycle de prêt avec ACB. Il va utiliser son crédit afin d’acheter des engrais chimiques et payer la main d’œuvre pour son agriculture de riz.

Sa stratégie pour la croissance de son business est de cultiver peu d’espace en utilisant des engrais chimiques afin de récolter une grande quantité de riz. Dans les prochaines années, Augustin voudrait devenir le meilleur cultivateur de sa vallée et fournisseur de la région. Avec les profits, il prévoit de continuer ses études et de payer les frais scolaires pour les orphelins.

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
  • 10
    View loans »
    Rwanda Loans Fundraising
  • $15,580,500
    Funds lent in using Kiva
  • 590.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Dufatanye Nº4 Rsz Group's $3,400 loan helped a member to buy chemical fertilizer and pay the labourers who work on his rice farm.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Sep 12, 2011
Sep 15, 2011
Currency Exchange Loss:
May 7, 2012