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Abatiganda 9 Zone 2 / Rsz Group
In this Group: Elias, Germain, Ladislas, Thadée , Athanase, Odette, Emmanuel, Jean, Djamar, Korewe
Elias is part of the Abatiganda 9 Zone 2 group. The name of the group means “Let’s increase production.” He is 44 years old and married with 5 children between 2 and 21 years of age, of which 3 attend school. He also takes care of 2 others on top of his children. He attended 6 years of elementary school.
Elias is a rice farmer. It’s his second loan with ACB. He is going to use his loan to be able to buy commercial fertilizer for his rice crops.

His strategy to develop his business is to only use specially selected seeds. In the coming years, Elias would like to be his region’s supplier. With his profits, he intends to educate and take care of his children.
View original language description ↓
Elias fait partie du groupe Abatiganda 9 Zone 2. Le nom du groupe signifie «the courageous». Il a 44 ans et il est marié avec 5 enfants de 2 à 21 ans, dont 3 scolarisés, il a 2 personnes en charge autre que ses enfants. Son niveau d’éducation est de 6 ans de primaire.

Elias est cultivateur de riz. C’est son deuxième cycle de prêt avec ACB. Il va utiliser son crédit afin d’acheter des engrais chimiques pour son agriculture de riz.

Sa stratégie pour la croissance de son business est de faire les semences sélectionnée. Dans les prochaines années, Elias voudrait être le fournisseur dans sa région. Avec les profits, il prévoit d’éduquer et soigner ses enfants.

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
  • 27
    View loans »
    Rwanda Loans Fundraising
  • $18,266,225
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Abatiganda 9 Zone 2 / Rsz Group's $1,950 loan helped a member to buy commercial fertilizer for his rice crops.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Oct 21, 2011
Nov 8, 2011
Currency Exchange Loss:
May 16, 2012