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Richard, a 33 year old married man, has four children - the eldest is 8 years old, the youngest one. Three of the children attend school, and he also has another dependent child. He completed five years of primary education. He became a client of the ACB in 2007, and this will be his 19th loan with them. All the previous loans have been repaid without any problems.
The current loan is to be used to purchase construction materials to remodel his home. After remodelling this house, which is divided into two sections, one half will be put up for rent.
This will enable him to earn additional income, which will better enable him to take care of his family. In the future, he intends to request a loan to purchase a motorcycle, which will be used to take passengers on trips they will pay for.
His ambition for the family is to buy a cow for each of his children, which will allow them to have milk to drink and for sale, which will in turn pay for the school fees.
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Monsieur Richard,marié et âgé de 33 ans a 4 enfants dont le plus âgé a 8 ans le moins âgé a une année. 3 enfants vont à l'école, et a un autre enfant en charge. Son niveau d'éducation est 5 ans de l'école primaire. Il est devenu client de l'ACB en 2007, et est au 19ème cycle de crédit. Tous les crédits antérieurs sont remboursés sans aucun problème. Le crédit lui octroyé est utilisé dans l'achat des matériaux de construction pour réhabiliter sa maison d'habitation. Après réhabiliter cette maison qui est divisée en deux parties, une partie sera mise en location. Ceci lui permettra d'avoir des revenus additionnels qui lui permetrra d'assurer davangate le bien être de sa famille. Dans le futur, il prévoit demander un crédit pour acheter une moto qui sera utilisée au transport remuneré des personnes. Son ambition pour sa famille est d'acheter une vache pour chacun de ses enfants, ce qui leur permettra d'avoir du lait à boire et à vendre et ça leur procurera les frais scolaires.

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.

About Rwanda

  • $1,700
    Average annual income
  • 44
    View loans »
    Rwanda Loans Fundraising
  • $17,124,425
    Funds lent in using Kiva
  • 595.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Richard to purchase materials to renovate his house (20 planks, 20 insulated gypsum boards, 3 doors, etc).
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Mar 29, 2012
Apr 8, 2012
Currency Exchange Loss:
Jul 1, 2014