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Abishyizehamwe/ Kzh Group
In this Group: Jean Jozias, Festus, Phenias, Gérard, Laurent, Gaston, Vianney, Maurice, Oscar
Mr. Jean Josias is a member and the leader of the Abishyizehamwe / Kzh group. The name of the group means, “union of the members.” He is 30 and married with two children, aged 1 and 3 years. He has had six years of primary school education.

Jean Josias grows rice. This is his first loan through ACB. He is going to use his loan to buy fertilizers and to pay those who work for him in his rice growing business.

In order to grow his business, he plans to request other loans for increasing his rice growing capacity. In the years to come, he would like to be the biggest rice cultivator in the region. With his profits, he foresees being able to pay for his children’s education and health care.
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Monsieur Jean Josias est le membre et le président du groupe Abishyizehamwe / Kzh. Le nom du groupe signifie «Union des membres ».Il a 30 ans et il est marié avec 2 enfants de 1 an à 3 ans. Son niveau d’éducation est de 6 ans de primaire.

Jean Josias est cultivateur de riz. C’est son premier cycle de prêt avec ACB. Il va utiliser son crédit afin d’acheter des fertilisants et payer la main d’œuvre pour son activité d’agriculture de riz.

Pour accroitre son agriculture du riz, il planifie de demander d’autres prêt pour accroitre la capacité de ses activités de la culture de riz. Dans les prochaines années, il voudrait être le meilleur agriculteur de riz dans la région. Avec les profits, il prévoit de payer le frais scolaire et médicaux de ses enfants.

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.

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
  • 116
    View loans »
    Rwanda Loans Fundraising
  • $13,030,775
    Funds lent in using Kiva
  • 607.9
    Rwanda Francs (RWF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Abishyizehamwe/ Kzh Group's $1,275 loan helped a member to buy fertilizer and to pay those who work for him in his rice cultivating business.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 5, 2012
Listed
Sep 19, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 1, 2014