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Dutezimbere Ubuhinzi I.a Group
In this Group: Rachel, Esperance, Léoncie, Jean, Fausta, Francine, Gregoire, Veronique, Jean De Dieu, Jacqueline
Jacqueline, the first on the left in the picture, is a member of the Dutezimbere Ubuhinzi group. She is 35 years old and has 4 children; the eldest is 14 years old and the youngest, 4 months. Three of her children go to school. She has primary school level education. She would like to use this loan to buy chemical fertilizer and to pay the labourers. She anticipates no difficulty in repaying the loan. Her strategy for the growth of her business is to work together with the bank to get financing. Her business ambition is to become a professional farmer, and as far as her family is concerned, to look after her children and ensure that they get an education.
JACQUELINE ( la prémiere à gauche )est membre du groupe DUTEZIMBERE UBUHINZI ,elle a 35 ans et 4 enfants . le plus âgé a 14 ans et le petit a 4 mois. seulement 3 vont à l`école. elle a étudiée l`école primaire. elle veut acheter les angrais chimiques avec ce crédit et payer le main d`oeuvre. elle n`a aucun difficulter pour le remboursement.
la stratégie pour la croissance de son activité est de collaborer avec la banque pour trouver le financement.
ses ambitions pour son activité est de dévenir l`agriculteur proffessionnel et pou sa famille c`est d`éduquer et soigner ses enfants.

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.

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
  • 60
    View loans »
    Rwanda Loans Fundraising
  • $15,230,800
    Funds lent in using Kiva
  • 633.8
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Dutezimbere Ubuhinzi I.a Group's $1,600 loan helped a member to buy chemical fertilizer.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 7, 2013
Listed
Feb 27, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 4, 2014