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Ngirankugire / Rsz Group
In this Group: Jean, John, Théophile, Chaste
Jean is a member of the Ngirankugire/Rsz group. The group's name means "To help one another". He is 52 years old, married, and has 5 children, ages 4 to 9 years old, who all attend school. Besides his children, he supports two other persons. Jean left school after completing three years of secondary school.

Jean works in retail business. This is his third loan cycle with ACB. He will use his loan to strengthen his retail shop business by buying 50 kg of corn flour, salt, rice and other items.

In order to expand his business, his strategy is to request other loans to strengthen his activity. In the coming years, Jean would like to become a major retailer. With the profits, he is planning to pay his children's school fees.
View original language description ↓
Jean fait partie du groupe Ngirankugire/Rsz. Le nom du groupe signifie «Aide l’une à l’autre ». Il a 52 ans, il est marie avec 5 enfants de 4 ans à 9 ans, dont 5 scolarises. Il a 2 personnes en charge autre que ses enfants. Son niveau d’éducation est de 3 ans de secondaire.

Jean est commerçant. C’est son troisième cycle de prêt avec ACB. Il va utiliser son crédit afin de renforcer son commerce de boutique(acheter 50 kgs de farine de maïs,du sel du riz etc...

Sa stratégie pour la croissance de son business est de demande d’autre crédit pour renforce son activités commerciale. Dans les prochaines années, Jean voudrait devenir le grand commerçant. Avec les profits, il prévoit de payer les frais scolaire 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

  • $1,000
    Average annual income
  • 44
    View loans »
    Rwanda Loans Fundraising
  • $13,837,625
    Funds lent in using Kiva
  • 597.0
    Rwanda Francs (RWF) = $1 USD
Expired
A portion of Ngirankugire / Rsz Group's $1,700 loan helped a member to buy 50 kg of corn flour, salt and rice for his retail shop business.
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2012
Listed
May 14, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 13, 2012