A loan of $1,950 helped a member to buy chemical fertilizers for rice.

Abajyamugambi Msny/ Rsz Group's story

Alphonse belongs to the Abajyamugambi group. The group name means "people with a common goal." Alphonse is 54, married, and the father of 4 children, 3 of whom have received schooling. He has an additional 2 people in his care. He was educated up the second year of primary school.

Alphonse grows rice. This is his first loan cycle with ACB. He will use his loan to buy chemical fertilizers for rice. His strategy for business growth is to sow an improved variety of rice, and to use fertilizers. Over the next few years, Alphonse would like to buy more fields to grow rice. With the profits, he plans to educate and take care of his wife.

In this group: Damascène, Gaetan, Vedaste, Jean, Jeremie, Stephane, Alphonse

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Translated from French by Kiva volunteer Sarah Puchner

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