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Abizeranye /rgt Group
In this Group: Joel, Lucie, Emmanuel, Elias, Jean Damascène, Emmanuel, Fiacre
Fiacre is part of the Abizeranye / Rgt group, the name of which means “everyone is responsible for one another”. He is 45 years of age and is a married father of five children aged between seven and nine, all of whom go to school. He has six years of elementary school education.
Fiacre is a rice farmer, and this is his second loan cycle with ACB. He plans to use his loan to purchase chemical fertilizers and pay his labor expenses.
To expand his business Fiacre plans to request further loans to increase his agricultural activity. Over the coming years, he would like to become the best rice farmer in his region. He will use the profits he makes to pay for his children’s education and medical expenses.
View original language description ↓
Fiacre fait partie du groupe Abizeranye / Rgt. Le nom du groupe signifie «responsable les uns à aux autres». Il a 45 ans, il est marie avec 5 enfants de 7 ans à 9 ans, dont 5 scolarises. Son niveau d’éducation est de 6 ans de primaire.
Fiacre est agriculteur de riz. C’est son deuxième cycle de prêt avec ACB. Il va utiliser son crédit afin d’acheter des engrais chimique et payer la main d’œuvre.
Sa stratégie pour la croissance de son business est de demander d’autres crédits pour augmenter ses activités agricoles. Dans les prochaines années, Fiacre voudrait devenir le meilleur agriculteur de riz dans sa région. Avec les profits, il prévoit de payer les frais scolaire et médicaux pour 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
  • $18,427,025
    Funds lent in using Kiva
  • 597.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Abizeranye /rgt Group's $1,775 loan helped a member to purchase chemical fertilizers and pay his labor expenses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Apr 20, 2012
May 10, 2012
Currency Exchange Loss:
Oct 17, 2012