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Twitekumurimo Group
In this Group: Jeremie, Omisa, Elias, Benedigitto, Emile, Julien, Donath, Jean Bosco, Marc, Norbert*
* not pictured
Emile is a member of the loan group Twitekumurimo which means "working hard". He is single with 3 persons in charge. Emile stopped going to school after middle school and is now a rice farmer. It is his first loan cycle with ACB and will use it to purchase fertilizer and to pay workforce for his rice crop.
To grow his business, his strategy is to cultivate a superior breed of rice at lower cost. In the next years, Emile would like to sell his production to a large number of consumers. With the benefits, he plans to give education to his younger brothers and sisters.
View original language description ↓
Emile fait partie du groupe Twitekumurimo. Le nom du groupe signifie « avoir du courage au travail ». Il est célibataire avec 3 personnes en charge. Son niveau d’éducation est l’école primaire.

Emile est cultivateur de riz. C’est son premier 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 une race améliorée de riz à moindre coût. Dans les prochaines années, Emile voudrait vendre à un grand nombre de consommateurs. Avec les profits, il prévoit d’éduquer ses petits frères et sœurs.

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
  • 38
    View loans »
    Rwanda Loans Fundraising
  • $15,198,425
    Funds lent in using Kiva
  • 590.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Twitekumurimo Group's $1,450 loan helped a member he will use the loan to buy fertilizer and to pay the workforce to cultivate rice.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 13, 2011
Listed
Sep 16, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2012