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Abavumvu Gatare Group
In this Group: Ferdinand, Philippe, Cesarie, Valens, Jacqueline
Ferdinand is a member of the ABAVUMVU GATARE group. He is 48 years old, married, and he has six children. His oldest child is 24 years old, the youngest is 8.

He is requesting this loan to buy some modern beehives, as he is a beekeeper and honey-producer. He is expecting no repayment difficulty for this loan.

His ambition is to become a professional producer of natural honey. As far as his family is concerned, his goal is to ensure that his children get an education.
View original language description ↓
Ferdinand est membre du groupe ABAVUMVU GATARE, il est marié , il est agé de 48 ans , il a 6 enfants, le plus grand a 24 ans et le plus petit a 8 ans.

Il sollicite ce credit pour acheter les ruches moderns car il fait l`élévage des abailles pour le miel.

Il n`attend aucunes difficultes de remboursement.

Ses am,bitions pour l`activité est d`être le vendeur du miel naturel proffessionnel et pour sa famille 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
  • 45
    View loans »
    Rwanda Loans Fundraising
  • $13,787,550
    Funds lent in using Kiva
  • 636.9
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Abavumvu Gatare Group's $800 loan helped a member to buy modern beehives.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 21, 2013
Listed
Apr 17, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 3, 2014