Gilbert is a corn farmer. Married and 37 years old, he has seven children - the eldest is 14 and the youngest 6 months old. Four of the children attend school and he has no other dependents. He was born in Rwanda, and completed six years of secondary education.
He began to work with ACB Ltd in 2010 and this current loan cycle is his first. This loan will allow him to purchase chemical fertilisers and to pay for labour. He does not anticipate any problem with repaying this loan.
Gilbert will adopt the strategy of applying chemical fertilisers to be able to grow his activity. He is also going to acquire new fields. As regards his business, his ambition is to be the principal corn supplier in his area. For his family, he will do his utmost to ensure their wellbeing, and will pay the school and academic costs for his children.
Monsieur Gilbert fait l’agriculture des maïs. Marié, âgé de 37 ans, Gilbert a 7 enfants dont le plus grand a 14 ans et le moins âgé a 6 mois. Quatre de ses enfants vont à l’école et aucune autre personne n’est en sa charge.
Il est né au Rwanda et son niveau d’éducation est 6 ans de l’école secondaire.
Il a commencé de collaborer avec ACB Ltd en 2010 et le cycle actuel lui est le premier.
Ce crédit va lui permettre d’acheter les engrais chimiques et payer la main d’œuvre.
Il n’attend aucune difficulté de non remboursement de ce prêt.
Monsieur Gilbert va utiliser la stratégie d’utiliser les engrais chimiques pour pouvoir accroitre son activité. Il va aussi acquérir des nouveaux champs.
Pour son business, il a l’ambition d’être le grand fournisseur des maïs dans sa région.
Pour sa famille, il va faire son mieux pour assurer le bien être de sa famille et paiera les frais scolaires et académiques de ses enfants.
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.