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Tuzamurane/mrnd Group
In this Group: Alphonse, Emma Marie, Théoneste, Etienne, Philbert, Laurent, Alivera, Nicodeme, Tito, James
Alphonse is a member of Tuzamurane/Mrnd Group, whose name means "to help each other". He's 52 years old, and married with six children, age 6 to 21. They all attend school. His own level of education amounts six years of elementary school.

Alphonse is a rice cultivator who's 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 growing his business is to select the seeds he sows. In the forthcoming years, he would like to be a rice provider in his region. With his profits, he intends to educate and provide healthcare to his children.
View original language description ↓
Alphonse fait partie du groupe Tuzamurane/Mrnd. Le nom du groupe signifie «s’entraider l’un pour l’autre ». Il a 52 ans et il est marié avec 6 enfants de 6 à 21 ans, dont 6 scolarisés. Son niveau d’éducation est de 6 ans de primaire.

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

Sa stratégie pour la croissance de son business est de faire les semences sélectionnée. Dans les prochaines années, Alphonse voudrait être fournisseur du riz dans sa région. Avec les profits, il prévoit d’éduquer et soigner 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
  • 58
    View loans »
    Rwanda Loans Fundraising
  • $15,325,750
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tuzamurane/mrnd Group's $1,700 loan helped a member to buy chemical fertilizers for his rice farming business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 21, 2011
Listed
Nov 5, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 27, 2012