Jean Bosco, a potato farmer, is 25 years old and married. He has a one week old child. He also has two other people under his care. He was born in Rwanda and has attended six years of secondary school.
He joined ACB Ltd. in 2009, but this is actually his first loan. With this loan, he is going to buy seed and to pay for labor. He does not expect any difficulty in the repayment of this loan.
To increase his agricultural capacity, he is going to engage in modern farming techniques and use chemical fertilizers. He is also going to seek markets everywhere to sell his crop.
His goal is to become a potato supplier for the area, especially for secondary schools. For his family, he is going to ensure their well-being and build them a house. Besides being a farmer, he is also a welder.
Jean Bosco, agriculteur des pommes de terre est marié et âgé de 25 ans. Il a un enfant âgé d’une semaine. Il a deux autres personnes en sa charge.
Il est né au Rwanda et son niveau d’éducation est 6 ans de l’enseignement secondaire.
Il a débuté ses opérations avec ACB Ltd depuis 2009 et le cycle actuel lui est le premier.
Avec ce crédit, il va acheter les semences et paiera la main d’œuvre.
Il n’attend aucune difficulté de non remboursement de ce prêt.
Pour accroitre son activité agricole, il va pratiquer l’agriculture moderne en utilisant les engrais chimiques. Il va aussi chercher les marchés partout pour vendre sa récolte.
Comme ambition, il veut devenir le fournisseur des pommes de terre dans la région, spécialement aux écoles secondaires.
Pour sa famille, il va assurer son bien être et construira une maison d’habitation.
A part d’être l’agriculteur, il est aussi soudeur.
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.