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Copaboka 3 Group
In this Group: Marie, Faina, Emmanuel, Ernestine, Narcisse, Pascal, Prudence, Bernard, Anathalie , Alphonsine, Evariste, Berthe, Marcel, Consolé, Adelphine

Update on Copaboka 3 Group

Marie is a rice farmer and a member of the COPABOKA 3 group. She is 51 years old, married, and has five children. Her eldest child is 32 years old and her youngest is 13. Thee of her children attend school and she has no additional dependents. Marie herself attended primary school for six years.

Marie started working with ACB in 2012 and is currently on her second loan cycle. With this loan, she plans to buy chemical fertilizers and pay workers. She does not foresee any difficulties in meeting her repayments. In order to further develop her farming business, she plans to use the strategy of planting good rice seed. She has two goals: one for her family and the other for her farming business. Her goal for her farming is to do her best and become an important rice farmer. Her goal for her family is to educate her children and fight malnutrition within her family.
View original language description ↓
Marie, cultivatrice du riz, fait partie du groupe COPABOKA 3. Ell est âgée de 51 ans, mariée et a 5 enfants dont le plus âgé a 32 ans et le moins âgé a 13 ans. Trois de ses trois enfants vont à l'école et aucune personne n'est en sa charge. Son niveau d'éducation est 6 ans de l'école primaire.

Elle a commencé de travailler avec ACB en 2012, et le cycle actuel est le deuxième pour elle. Avec le crédit lui octroyé, elle va acheter les engrais chimiques et paiera la main d’œuvre. Elle n’attend aucune difficulté de non remboursement. Pour accroître son agriculture, elle prévoit utiliser la stratégie d’utiliser les bonnes semences du riz. Elle a une double ambition, l’une pour sa famille et l’autre pour son activité agricole.
Pour son activité agricole, elle va faire son mieux pour devenir la grande cultivatrice du riz.
Pour sa famille, elle va éduquer ses enfants et luttera contre la malnutrition dans sa famille.

Previous Loan Details

Marie, a rice grower, belongs to the COPABOKA 3 group. She is 48 years old, married and the mother of three children. The oldest is 22 and the youngest is 11. Two of her children go to school, and she has no other dependents. Marie attended school for 6 years at the primary level. She first coll... More from Copaboka 3 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
  • 12
    View loans »
    Rwanda Loans Fundraising
  • $15,406,850
    Funds lent in using Kiva
  • 631.3
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Copaboka 3 Group's $3,175 loan helped a member to buy chemical fertilizers and to pay workers.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Nov 27, 2012
Dec 18, 2012
Currency Exchange Loss:
Nov 8, 2013