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Haguruka Ukore Group
In this Group: Jean Pierre, Valens, Jean De Dieu, Jean Paul, Bonaventure, Jean De Dieu, Dieudonné, Donatien, Frederic, Theoneste
Fréderic N. is a merchant, and he grows corn. He has been a client of ACB since 2008. Born in Rwanda, he is 29 years old and married, and he has two children, who are 1 and 3 years old. Fréderic finished four years of primary schooling, and this loan is his first cycle with ACB. He is going to use his loan to buy 15 kg of corn and to pay for labor and other farm expenses.

His strategy for business growth is to improve his yields. He would like to become a major grower in the Rubavu area and to ensure his family's well-being.
View original language description ↓
Fréderic N. est commerçant, agriculteur de mais, et client d’ACB depuis 2008. Il a 29 ans, il est marie, ne au Rwanda, et il a 2 enfants entre 1 an et 3 ans. Il a fini 4 ans d’école primaire, et ce crédit est son premier cycle avec ACB. Il va utiliser son prêt pour acheter 15 kgs de mais, payer la main d’œuvre et autres dépenses pour son agriculture. Sa stratégie pour la croissance de l’affaire est d’améliorer les quantités à cultiver. Il voudrait devenir un grand agriculteur dans le secteur de Rubavu, et assurer le bien être de sa famille.

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

  • $1,700
    Average annual income
  • 38
    View loans »
    Rwanda Loans Fundraising
  • $18,427,025
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Haguruka Ukore Group's $1,700 loan helped a member to buy 15 kg of corn and to pay for labor.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Mar 31, 2011
Mar 31, 2011
Currency Exchange Loss:
Nov 15, 2011