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Abavumvu Rango Group
In this Group: Vincent, Anathalie, Immaculée, Rosalie, Suzane, Germaine, Kasita
Vincent is a member of the ABAVUMVU RANGO group. He is 37 years old, married, and he has four children between the ages of 9 and 1. He completed primary school.

He is requesting this loan to buy some modern beehives. He is not expecting any difficulty repaying his loan.

In order to develop his activity, he is planning to take additional loans as a means to finance his business. His ambition is to become a professional beekeeper. As far as his family is concerned, his goal is to ensure that his children get an education.
View original language description ↓
Vincent est membre du groupe ABAVUMVU RANGO, il a 37 ans , il est marié et a 4 enfants , le plus grand a 9 ans et le plus petit a 1 an.Il a étudie les études primaires.

il sollicite ce crédit pour acheter les ruches modernes.
il `attend aucune difficulté de remboursement.

ses stratégies pour la croissance de son activité est de demander d`autre pret pour le financement de son activit♪0.
ses ambitions est d`être l`apicuteur proffessionnel et pour sa famille c`est éduquer ses enfants.

Additional Information

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

  • $1,000
    Average annual income
  • 54
    View loans »
    Rwanda Loans Fundraising
  • $12,329,025
    Funds lent in using Kiva
  • 635.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Abavumvu Rango Group's $950 loan helped a member to buy modern bee hives.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 20, 2013
Listed
Apr 15, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 3, 2014