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Dukore / Sk Group
In this Group: Callpophole, Françoise, Jean Marie Vienney, Célestin, Mathieu, Helene, Consollé, Richard, Samuel, Louis
Richard belongs to the Dukore/ zz group. He is 33 years old, married, and has two children. They are aged 6 and 13, and both of them go to school. Richard attended school for 6 years at the primary level.
He grows rice. This is his second loan cycle with ACB. He will use the loan to buy chemical fertilizer and to pay labor costs.
His strategy for expanding his business is to carefully select the rice seed that he uses. Over the next few years, Richard would like to become a professional in the area of rice growing. With the profit, he plans to pay his children's school fees, and pay for medical costs.
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Richard fait partie du groupe Dukore/ zz. Il a 33 ans, il est marie avec 2 enfants de 6 an à 13 ans, dont 2 scolarises. Son niveau d’éducation est de 6 ans de primaire.
Richard est agriculteur de riz. C’est son deuxième 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 la semence sélectionne. Dans les prochaines années, Richard voudrait être professionnel pour la culture des riz. Avec les profits, il prévoit de payer le frais scolaire de ses enfants et payer le frais médicaux.

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
  • 33
    View loans »
    Rwanda Loans Fundraising
  • $14,311,175
    Funds lent in using Kiva
  • 606.5
    Rwanda Francs (RWF) = $1 USD
Expired
A portion of Dukore / Sk Group's $2,475 loan helped a member to buy chemical fertilizers and pay for labor costs.
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 23, 2012
Listed
Apr 24, 2012
Currency Exchange Loss:
Possible
Expired:
May 24, 2012