Twikure Mu Bukene B Group
Leonille is a farmer. This loan cycle is her second one with ACB. She is going to use her loan to rent fields for growing corn, to buy corn to sow, to buy fertilizer, and to cover the cost of labor. The difficulties she anticipates for this loan are the possibility of theft while the corn is still in the fields and also severe climactic conditions.
Her strategy for business growth is to buy other fields to avoid paying rent for farming and to boost her crops. In the next few years, she would like to become a modern farmer and to have fields sufficient enough for farming and for creating employment for other people. With the profits, she anticipates covering the schooling costs for her children, getting insurance, and saving money.
Leonille est agricultrice. C’est son deuxième cycle de prêt avec ACB. Elle va utiliser son crédit afin de louer des champs pour cultiver le maïs, acheter le maïs pour semer, acheter des engrais et payer la main d’œuvre. Les difficultés qu’elle prévoit pour ce crédit sont la possibilité de vol pendant que le maïs est encore dans les champs et les conditions climatiques difficiles.
Sa stratégie pour la croissance de son business est d‘acheter des autres champs pour ne plus louer à cultiver et de renforcer ses cultures. Dans les prochaines années, Leonille voudrait devenir une agricultrice moderne et avoir des champs suffisants pour cultiver et créer de l’emploi pour les autres. Avec les profits, elle prévoit de payer les frais scolaires pour ses enfants, de se faire assurer et d’épargner.
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.
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