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Turwanyubukene Group
In this Group: Rachel, Anazaliya, Damascene, Francine, Elisabeth, Nicodem, Aminadab, Aboubakar, Céléstin, Assouman
Aboubakar is a member of Turwanyubukene Group, whose name means "Fight agains poverty". He's 28 years old, married, and has two children, age 4 and 7. Both attend school.

Aboubakar is a rice cultivator. He's seeking his first loan from Kiva's partner, ACB, in order to buy chemical fertilizers for his rice farming business.

His strategy for growth is to expand his cultivated area, in order to harvest much more. In the forthcoming years, he would like to be among the best rice cultivators in his region. With his profits, he intends to provide education to his children.
View original language description ↓
Aboubakar fait partie du groupe Turwanyubukene. Le nom du groupe signifie « Lutter contre la pauvreté ». Il a 28 ans et il est marié avec 2 enfants de 4 à 7 ans, dont 2 scolarisés.

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

Sa stratégie pour la croissance de son business est d’agrandir la surface de champs à cultiver afin de récolter beaucoup plus. Dans les prochaines années, Aboubakar voudrait être parmi les meilleurs cultivateurs de riz dans sa région. Avec les profits, il prévoit d’éduquer 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
  • 31
    View loans »
    Rwanda Loans Fundraising
  • $14,226,825
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Turwanyubukene Group's $1,700 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
Pre-Disbursed:
Sep 20, 2011
Listed
Oct 3, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012