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Ange
Ange
Ange
Ange
Ange
Ange
Ange lives in Nyamagabe District, the poorest in Rwanda. Motivated by the poverty and malnutrition he saw in his community, Ange made a commitment at age 7 to devote his life and work to integrating poverty reduction, food security, and environmental protection in Nyamagabe.

Last year, he created BIOCOOP RWANDA, a youth cooperative made up of 600 members to improve opportunities for people living in the district. Already, BIOCOOP has launched projects on youth entrepreneurship, water and sanitation, dairy processing, soil improvement and composting, and ICT training. Thus far, BIOCOOP has created more than 200 jobs, and improved nutrition and access to food sources. Over the next 5 years, BIOCOOP aims to create 5,000 jobs in Nyamagabe.

BIOCOOP's flagship project is its dairy processing plant. By partnering with local farmers, BIOCOOP receives about 1,000 liters of milk per day, processes the milk, and sells the milk in the local market and at the neighboring refugee camp. At present, the demand for milk far exceeds BIOCOOP's current capacity to process milk. The main reason is that transporting raw milk from farther away farms to BIOCOOP's processing center is very costly and difficult without a vehicle.

This loan will enable BIOCOOP to purchase a tricycle motorcycle so that they can collect raw milk from farther away villages, process more, and sell the milk to more customers in the district. With this tricycle motorcycle, BIOCOOP will be able to increase from processing 1,000 liters to more than 3,000 liters per day.

Additional Information

About African Entrepreneur Collective

African Entrepreneur Collective (AEC) is a business accelerator program that aims to help African youth-led enterprises grow and create new jobs for poor in their communities. This unique, comprehensive program is committed to address the problem of unemployment in Rwanda and to capitalize on the opportunity for sustainable SME growth and fill a demonstrated need in East Africa.



Each year, AEC recruits and selects 100 entrepreneurs to participate in a two-year business accelerator. Once identified through competitive applications, entrepreneurs participate in the Business Training to enhance their business skills. Kiva lenders’ funds are used to impact more entrepreneurs in the country and create more job opportunities.



AEC joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.

Tags

About Rwanda

  • $1,000
    Average annual income
  • 24
    View loans »
    Rwanda Loans Fundraising
  • $11,741,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $3,875 helped Ange to purchase a tricycle motorcycle for his milk processing center so that he can collect and deliver more milk daily for the surrounding community, including one of Rwanda's largest refugee camps.
83% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 5, 2014
Listed
Mar 5, 2014
Currency Exchange Loss:
N/A