Check out some available loans that are similar to this one!
Duterimbere/nymgn Group
In this Group: Joel, Festus, Azarias, Fulgence, Innocent, Leoncie, André, Benjamin, Plilemon, Gilbert, Cyrille, Suzane
Fulgence is a member of Duterimbere/NYMGN Group. He's 32 years old, married, and has one child, who is one year old.

Fulgence is a rice cultivator, and he is seeking his first loan from Kiva's partner, ACB. He will use it to buy chemical fertilizers for his rice farming business.

His strategy for growth is to buy other lots in the paddy field in order to increase his production. In the forthcoming years, Fulgence would like to be among the best rice cultivators in his valley. He plans to use his profits to provide his children with education and healthcare.
View original language description ↓
Fulgence fait partie du groupe Duterimbere/NYMGN. Le nom du groupe signifie « ». Il a 32 ans et il est marié avec 1 enfant de 1 an.

Fulgence est cultivateur de riz. C’est son premier cycle de prêt avec ACB. Il va utiliser son crédit afin d’acheter des engrais chimiques pour son agriculture de riz.

Sa stratégie pour la croissance de son business est d’acheter d’autres terrains de champs du riz afin d’augmenter la production. Dans les prochaines années, Fulgence voudrait être parmi les meilleurs cultivateurs de riz dans sa vallée. Avec les profits, il prévoit d’éduquer et soigne ses enfants.

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
  • 1
    View loans »
    Rwanda Loans Fundraising
  • $15,573,075
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Duterimbere/nymgn Group's $1,625 loan helped a member to buy chemical fertilizers for his rice farming business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Sep 20, 2011
Oct 3, 2011
Currency Exchange Loss:
May 14, 2012