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Vincent
Vincent was born in Rwanda and is 28 years old. He is married and has one child, who is 1 year old. Vincent has five years of secondary education. He is a merchant.

This loan cycle is his first one with the microfinance institution ACB. He is going to use his loan to buy 20 sacks of cement, 8 pieces of triplex, 2 truckloads of sand, and 3 doors to build his house.

In the coming years, he would like to build a house to rent out.
View original language description ↓
Vincent est né au Rwanda et il a 28 ans, il est marie avec 1 enfant de 1an. Son niveau d’éducation est de 5 ans de secondaire.
Vincent est commerçant. C’est son premier cycle de prêt avec ACB. Il va utiliser son crédit afin d’acheter 20 sacs de ciment, 8 pièces de triplex, 2 camions de sable, 3 portes pour construire sa maison d’habitation.

Dans les prochaines années, il voudrait construire des maisons destine à louer.

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.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Rwanda

  • $1,000
    Average annual income
  • 106
    View loans »
    Rwanda Loans Fundraising
  • $12,696,300
    Funds lent in using Kiva
  • 608.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Vincent to buy 20 sacks of cement, 8 each of triplex, 2 truckloads of sand, and 3 doors to build house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jun 27, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013