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Abishyizehamwe/rsz Group
In this Group: Patrice, Tharcisse, Barthazar, Fulgence, Vestine, Samuel, Jean

Update on Abishyizehamwe/rsz Group

Samuel is a member of the Abishyizehamwe /Rsz group. The name of the group means "Together as one person". Samuel is 43 years old and married with five children between between the ages of 3 and 16. Four of his children attend school. Samuel has six years of primary level education and is a rice farmer.

This is his 3rd loan cycle with ACB. He will use his loan to buy fertilizer and pay the manual labourers. In order to expand his rice-growing business, he plans to request other loans so that he can increase his agricultural operation.

In the years ahead, Samuel would like to be one of the best rice producers in the neighboring countries. He plans to use the profits to pay his children's educational and medical expenses.
View original language description ↓
Samuel fait partie du groupe Abishyizehamwe /Rsz. Le nom du groupe signifie «ensemble comme une seul personne». Il a 43 ans, il est marie avec 5 enfants de 3 ans à 16 ans, dont 4 scolarises. Son niveau d’éducation est de 6 ans de primaire.
Samuel est agriculteur de riz. C’est son troisième cycle de prêt avec ACB. Il va utiliser son crédit afin d’acheter des fertilisants et payer la main d’œuvre.
Pour faire croitre son agriculture des riz, il planifie de demander d’autres crédits pour augmenter ses activités agricoles. Dans les prochaines années, il voudrait devenir le grand distributeur de riz dans des pays voisin. Avec les profits, il prévoit de payer les frais scolaire et médicaux pour ses enfants.

Previous Loan Details

Samuel is a member of the Abishyizehamwe /Rsz group. The name of the group means "Together as one person". Samuel is 42 years old and married with 5 children aged between 3 and 15, 4 of whom attend school. Samuel has 6 years of primary level education and is a rice farmer. This is his 2nd loan... More from Abishyizehamwe/rsz Group's previous loan »

Additional Information

More information about this loan

This loan is part of Amasezerano Community Banking's Ezukame ("agriculture") program, designed to provide capital to poor farmers in rural Rwanda. ACB invests a higher percentage of its portfolio in agriculture than any other Kiva Field Partner, and is strongly committed to serving the needs of rural borrowers. This type of loan has terms ranging from one to 36 months, with the option to repay in full at the end of the term or in monthly installments.

This flexibility is critical in Rwanda where 85% of the population is employed in agriculture, but many formal financial institutions consider the sector to be too risky to invest. By funding this loan, you are expanding opportunity to farmers with limited options.

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 32
    View loans »
    Rwanda Loans Fundraising
  • $14,226,825
    Funds lent in using Kiva
  • 605.0
    Rwanda Francs (RWF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Abishyizehamwe/rsz Group's $1,675 loan helped a member to buy chemical fertilizer and pay the manual labourers.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Aug 23, 2012
Sep 10, 2012
Currency Exchange Loss:
Nov 4, 2014