Germain is a rice farmer. This loan cycle is his third one with the microfinance institution ACB. He is going to use the loan to buy some fertilizer and to cover the cost of labor.
His strategy for the growth of his business is to use select seeds. In the next few years, Germain would like to be a major rice producer in his region. With the profits, he plans on covering his children's education expenses.
Germain est agriculteur de riz. C’est son troisième cycle de prêt avec ACB. Il va utiliser son crédit afin d’acheter des engrais chimique et payer la main d’œuvre.
Sa stratégie pour la croissance de son business est d’utiliser les semences sélectionne. Dans les prochaines années, Germain voudrait être un grand producteur riz dans sa région. Avec les profits, il prévoit de payer le frais scolaire de ses enfants.
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
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Success!! The loan was 100% repaid