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Hingabizera / Nykby Group
In this Group: Jonathan, Thacienne, Dancille, Christine, Dancille, Theogene, Christophe, Clémentine, Christine, Cyliaque
Cyriaque is part of the Hingabizera/Nykby group, the name of which means "group union”. He is 42 years of age, married, and has five children aged between 6 and 28, all of whom are at school. He studied six years of elementary school education.

Cyriaque works as a rice grower, and this is his first loan cycle with ACB. He plans to use his loan to buy chemical fertilizers for his rice-growing business, as well as to pay labor expenses. To expand his rice-growing business, he plans to use fertilizers to increase the capacity of his fields to ensure a greater rice harvest. Over the coming years, he would like to become the best rice grower in his region, and he plans to use his profits to build a nice house.
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Cyriaque fait partie du groupe Hingabizera / Nykby. Le nom du groupe signifie «union du groupe».Il a 42 et il est marié avec 5 enfants de 6 à 28 ans, dont 5 scolarisés. Son niveau d’éducation est 6 ans de primaire.

Cyriaque est cultivateur de riz. C’est son premier cycle de prêt avec ACB. Il va utiliser son crédit pour acheter des engrais chimiques pour son agriculture de riz et payement de main d’œuvre.

Pour faire croitre son agriculture des riz, il planifie d’utiliser des fertilisants pour augmenter la capacité des champs pour la production plus élevé de riz. Dans les prochaines années, Cyriaque voudrait être le grand cultivateur de riz dans sa région. Avec les profits, il prévoit de construire une belle maison.

Additional Information

More information about this loan

This loan is part of Amasezerano Community Banking's Ezukame ("agriculture") program, designed to provide capital to poor farmers in rural Rwanda. ACB invests a higher percentage of its portfolio in agriculture than any other Kiva Field Partner, and is strongly committed to serving the needs of rural borrowers. This type of loan has terms ranging from one to 36 months, with the option to repay in full at the end of the term or in monthly installments.

This flexibility is critical in Rwanda where 85% of the population is employed in agriculture, but many formal financial institutions consider the sector to be too risky to invest. By funding this loan, you are expanding opportunity to farmers with limited options.

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
  • 50
    View loans »
    Rwanda Loans Fundraising
  • $16,930,400
    Funds lent in using Kiva
  • 605.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Hingabizera / Nykby Group's $1,675 loan helped a member to buy chemical fertilizers for his rice-growing business, as well as to pay labor expenses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Aug 15, 2012
Sep 6, 2012
Currency Exchange Loss:
Mar 15, 2013