With the current loan, she will rent a field, buy seeds and pay the labourers. Climate change is the only difficulty she expects which could result in poor repayment of the loan. Her strategy is to use modern agricultural techniques, notably chemical fertilizers, in order to increase her agricultural productivity. She will look for markets for her harvest. Her business ambition is to become a professional farmer. As for her family, she will make sure that her children get an education and continue to ensure her family's well-being. As well as the business being financed, she also has a business selling various items to retail customers.
Elle a commencé de collaborer avec ACB Ltd en 2008 et est au 4ème cycle de crédit. Les cycles antérieurs sont bien remboursés.
Avec le présent crédit, elle va louer le champ, acheter la semence et payer la main d’œuvre. Le changement climatique est la seule difficulté qu’elle attend qui peut faire que ce prêt soit mal remboursé.
Pour accroitre son agriculture, elle a la stratégie de pratiquer l’agriculture moderne en utilisant les engrais chimiques. Elle va chercher les marchés pour sa récolte.
L’ambition pour son activité agricole est de devenir une agricultrice professionnelle. Pour sa famille, elle va éduquer ses enfants et continuera d’assurer le bien être de sa famille.
A part de l’activité financée, il fait aussi le commerce en détailles de divers objets.
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.
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