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Abateranankunga Group
In this Group: Joseph, Patient, Antoine, Alphonse, Théobald, Simon, Elifazi*, Isaie, Adrien, Juvenal
* not pictured
Adrien is a member of Abateranankunga Group, which means "helping themselves". He was born in Rwanda. He is married and the father of six children, aged 6 to 16. Five of his children attend school.

Adrien is a rice farmer. This is his first loan cycle with ACB. He will use his loan to buy chemical fertilizers and pay for labor to work in his rice field.

His growth strategy consists in using chemical fertilizers, cultivating a small acreage and yielding a good harvest. In the years to come Adrien would like to become one of the best rice farmers in his valley and become a major supplier in his area. He will use his profit to provide food and education to his children, and to become self-financing.
View original language description ↓
Adrien fait partie du groupe Abateranankunga. Le nom du groupe signifie « aider eux même ». Adrien est né au Rwanda. Il est marié avec 6 enfants de 6 à 16 ans, dont 5 scolarisés.

Adrien 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 d’utiliser des engrais chimiques, cultiver peu d’espace et récolter une grande quantité. Dans les prochaines années, Adrien voudrait être parmi les meilleurs cultivateurs de riz dans sa vallée devenir fournisseur de la région. Avec les profits, il prévoit de nourrir ses enfants, les éduquer et s’autofinancer.

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
  • 86
    View loans »
    Rwanda Loans Fundraising
  • $12,777,600
    Funds lent in using Kiva
  • 590.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Abateranankunga Group's $1,700 loan helped a member to buy chemical fertilizers and pay for labor to work in his rice field.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 12, 2011
Listed
Sep 17, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012