Philomène is 35 years old, married and the mother of four children. The eldest is 12 and the youngest four. Three of her children are in school, and she has no one else to look after. She was born in Rwanda, and completed six years of primary school.
Philomène began working with ACB in 2012, and this is her first loan. She will use the loan to buy seed potatoes and chemical fertilizers, and pay her workers.
She only anticipates difficulties repaying the loan in the event of bad weather or an epidemic. She will use chemical fertilizers and manure to increase her yield, and will consult the group agronomist for advice and recommendations regarding her farming. After following these strategies, she hopes to become a modern and professional farmer.
Philomène will continue to send her children to school and look after her family. In addition to her farming, she sells clothing from home.
Philomène, mariée et âgée de 35 ans est la mère de 4 enfants dont le plus grand a 12 ans et le moins âgé a 4 ans. Trois de ses enfants vont à l’école et aucune autre personne n’est à sa charge. Elle est née au Rwanda et son niveau d’éducation est 6 ans de l’école primaire.
Elle a commencé ses opérations avec ACB Ltd en 2012 et le crédit qu’elle a contracté est le premier.
Avec ce crédit, elle va acheter les semences des pommes de terre, les engrais chimiques et va payer la ouvriers.
Elle anticipe les difficultés de remboursement si le climat devient mauvais ou bien s’il y a une épidémie qui arrive. Pour accroitre son agriculture, elle va utiliser les engrais chimiques et les fumiers et consultera l’agronome de cellule pour trouver les conseils et recommandations utiles pour son activité agricole. Après avoir utilisé ces stratégies, elle va atteindre ses ambitions d’être une agricultrice professionnelle et moderne. Elle va continuer de scolariser ses enfants et assurer le bien être de sa famille.
A part des activités agricoles, elle fait le commerce des vêtements chez elle.
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.