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Jean Damascène
Jean Damascène was born in Rwanda and is 53 years old. He is married with 8 children from 3 years old to 30 years old, of whom 5 go to school. He has 1 dependent other than his children. His level of education is 6 years of secondary school.

Jean Damascène is a businessman. This is his first loan cycle with ACB. He is going to use his loan in order to buy 2100 kgs of tomatoes to grow his project of selling tomatoes.

To grow his business, he plans to request other loans to increase the capacity of his business and to satisfy the market. In the coming years, he would like to be a wholesaler and a great businessman. With the profits, he plans to build a house for residential use and improve the level of nutrition of his family.
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Jean Damascène est né au Rwanda et a 53 ans, il est marie avec 8 enfant de 3 ans à 30 ans, dont 5 scolarises. Il a 1 personne en charge autre que ses enfants. Son niveau d’éducation est de 6 ans de secondaire.
Jean Damascène est commerçant. C’est son premier cycle de prêt avec ACB. Il va utiliser son crédit afin d’acheter 2100kgs des tomates pour accroitre son projet de commerce des tomates.

Pour faire croitre son commerce, il planifie de solliciter d’autres crédit pour augmenter les capacités de son commerce et satisfaire le marché. Dans les prochaines années, il voudrait être le grossiste et être le grand commerçant. Avec les profits, il prévoit de bâtir une maison à usage résidentiel et améliorer le niveau de mange de sa famille.

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 Rwanda

  • $1,000
    Average annual income
  • 124
    View loans »
    Rwanda Loans Fundraising
  • $12,971,425
    Funds lent in using Kiva
  • 598.8
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Jean Damascène to buy 2100 kgs of tomatoes.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 15, 2012
Listed
Jun 29, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012