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Umubano Group
In this Group: Zakayo, Joel, Damas, Alexis, Annonciatte, Leonidas, Edouard, Austache, Samuel, David
Edward is member of the Umubano group. He is 40 years old and is married with six children whose ages range from 5 to 17, including four who attend school. His own level of education has been seven years of primary school.

Edward is a rice farmer. This is his first loan cycle with ACB, which he will use to buy fertilizers.

His strategy for growing his business is to use improved strains of rice. In coming years, Edward wants to become the supplier of rice for the region. With the profits, he plans to ensure his children's education.
View original language description ↓
Edouard fait partie du groupe Umubano. Il a 40 ans et il est marié avec 6 enfants de 5 à 17 ans, dont 4 scolarisés. Son niveau d’éducation est de 7 ans de primaire.

Edouard est cultivateur de riz. C’est son premier cycle de prêt avec ACB. Il va utiliser son crédit afin d’acheter des engrais chimiques.

Sa stratégie pour la croissance de son business est de faire la race améliore du riz. Dans les prochaines années, Edouard voudrait être le fournisseur du riz dans sa région. Avec les profits, il prévoit d’éduquer et scolariser 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
  • 41
    View loans »
    Rwanda Loans Fundraising
  • $18,427,025
    Funds lent in using Kiva
  • 595.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Umubano Group's $1,700 loan helped a member buy fertilizers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Nov 15, 2011
Jan 1, 2012
Currency Exchange Loss:
Apr 15, 2012