He is seeking a loan to buy chemical fertilizers and pay the workers. He does not expect to have any difficulty in paying back the loan. His strategy for growing his business is to try to limit erosion.
His goal is to become a modern farmer, and he would like for his children to receive an education.
Il sollicite ce crédit pour acheter les angrais chimiques et payer le main d`oeuvre.
Il n`attend aucune difficulté pour le remboursement.
Le stratégies pour la croissance de sona ctivité est de lutter contre l`érosion.
Ses ambitions est de dévenir l`agriculteur moderne et pour sa famille c`est éduquer 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.
This is a Group Loan
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Success!! The loan was 100% repaid