Funded

Total loan: $1,700
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Abahujimbaraga No 8 Group

Rwanda
Rwanda / Agriculture

A loan of $1,700 helped a member to buy chemical fertilizers and pay his labor expenses.


Abahujimbaraga No 8 Group's story

Marcel is part of the Abahujumugambi no. 8 group, the name of which means "Those who have the same determination". He is 27 years of age, and is married with a three-year-old child. He has three years of primary school education.

Marcel grows rice for a living. This is his second loan cycle with ACB, and he plans on using the loan to buy chemical fertilizers and pay for labor expenses.

To ensure that his rice-growing business grows, he plans to use select fertilizers. Over the coming years he would like to build houses to use as warehouses to store stocks of his produce. With his profits he hopes to pay his child's medical and education fees.

In this group: Francois, Jonas, Marcel, Jean, Emmanuel, Stephanie, Thabea, Berthilde, Alphonsine, Savel
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Paul Lambert



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: May 15, 2012
Facilitated by Field Partner: Amasezerano Community Banking S.A.

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: May 15, 2012
Facilitated by Field Partner: Amasezerano Community Banking S.A.