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Twongerumusaruro No 29 / Rsz Group
In this Group: Francine, Boniface, Jacques, Zacharie, Marcel, Lazare, Ferdinand, Lambert, Geras, Alfred
Marcel is a member of the Twongerumusaruro No. 29 Group. The group's name means "Let's increase production." He is 43 years old, married and has 12 children aged between 1 and 18. Eight of his children attend school. He attended primary school for 6 years.

Marcel is a rice farmer. This is his second loan cycle with ACB. He is going to use his loan to buy chemical fertilizer to grow rice.

His business growth strategy is to plant a crop of selected seeds. In the coming years, Marcel would like to become a distributor of rice in his region. He will use any profits to educate and care for his children.
View original language description ↓
Marcel fait partie du groupe Twongerumusaruro no 29. Le nom du groupe signifie «Augmentons la production». Il a 43 ans et il est marié avec 12 enfants de 1 à 18 ans, dont 8 scolarisés. Son niveau d’éducation est de 6 ans de primaire.

Marcel 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, Marcel voudrait être le distributeur du riz 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
  • 40
    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 Twongerumusaruro No 29 / Rsz Group's $2,800 loan helped a member to buy chemical fertilizer to grow rice.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Oct 21, 2011
Nov 7, 2011
Currency Exchange Loss:
Apr 15, 2012