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Dufatanye Nº4/ Rsz Group
In this Group: Augustin, Jacqueline, Francois, Suzane, Vestine, Jonas, Eliazar, Judance, Claude
Augustin is a member of the Dufatanye 4 group. He is 31 years old, married, and has two children between 8 months and 4 years. He has two other dependents apart from his children. His educational level is six years of primary school.

Augustin is a rice farmer. This is his second loan cycle with ACB. He is going to use his loan to buy chemical fertilizers and pay the cost of labor.

His business strategy is to keep taking out loans to finance his agricultural enterprise. In the years to come, Augustin would like to become the best rice farmer in the region. He plans to use his revenues to pay for the education and healthcare of his children.
View original language description ↓
Augustin fait partie du groupe Dufatanye No 4. Il a 31 ans, il est marie avec 2 enfants de 8 mois à 4 ans. Il a 2 personnes en charge autre que ses enfants. Son niveau d’éducation est de 6 ans de primaire.

Augustin 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 de demander d’autre crédit pour financer son agriculture. Dans les prochaines années, Augustin voudrait être un meilleur producteur de riz dans sa région. Avec les profits, il prévoit de payer les frais scolaire et médicaux pour 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
  • 12
    View loans »
    Rwanda Loans Fundraising
  • $15,406,850
    Funds lent in using Kiva
  • 597.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Dufatanye Nº4/ Rsz Group's $2,775 loan helped a member to buy chemical fertilizers and pay the cost of labor.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Apr 20, 2012
May 8, 2012
Currency Exchange Loss:
Oct 16, 2012