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Copaboka 3 Group
In this Group: Marie, Faina, Emmanuel, Ernestine, Narcisse, Pascal, Prudence, Bernard, Anathalie , Josephine, Alphonsine, Evariste, Berthe, Marcel, Consolé
Marie, a rice grower, belongs to the COPABOKA 3 group. She is 48 years old, married and the mother of three children. The oldest is 22 and the youngest is 11. Two of her children go to school, and she has no other dependents. Marie attended school for 6 years at the primary level.

She first collaborated with ACB in 2012, and this is her first loan cycle. With the loan, she has purchased chemical fertilizers for her rice, and paid the workers who prepared the fields. To increase her crop, Marie plans to ask for more loans in the future, which will allow her to become skilled in the rice-growing sector. With the profit, she will pay for her children's education.
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Marie, cultivatrice du riz, fait partie du groupe COPABOKA 3. Ell est âgée de 48 ans, mariée et a 3 enfants dont le plus âgé a 22 ans et le moins âgé a 11 ans. Ses deux enfants vont à l'école et aucune personne n'est en sa charge. Son niveau d'éducation est 6 ans de l'école primaire.

Elle a commencé de travailler avec ACB en 2012, et le cycle actuel est le premier pour elle. Avec le crédit lui octroyé, elle a acheté les angrais chimiques pour son riz et a payé la main d'oeuvre des gens qui ont preparé le champs. Pour accroître son agriculture, elle a une stratégie de demander autres crédit dans le futur, ceci lui permettra d'être très compétente dans le secteur d'agriculture du riz. Avec le profit, elle va assurer l'éducation de 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

  • $1,000
    Average annual income
  • 44
    View loans »
    Rwanda Loans Fundraising
  • $13,837,625
    Funds lent in using Kiva
  • 595.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Copaboka 3 Group's $2,375 loan helped a member to buy chemical fertilizers and to pay the workers who have prepared her land.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 24, 2012
Listed
Apr 8, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012