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Ubumwe / Rtg Group
In this Group: Jacques , Emmanuel, Gabriel, Felicien, Samuel, Oscar , Odette, Philbert, Leonard
Jacques is a member and president of the Ubumwe/Rgt group, the name of which means “union”. He is 28 years of age, married, and has two children aged from 4 months to 4 years, both of whom are at school. He has one person under his care in addition to his children, and he studied six years of high school.

Jacques works growing rice, and this is his first loan cycle with ACB. He plans to use his loan to buy fertilizers, as well as to pay the labor costs associated with his rice-growing business. To expand his business, he plans to request further loans to expand his rice-growing capacity. Over the coming years, he would like to become the best rice grower in his region. With the profit he earns, Jacques plans to pay for his children’s schooling and medical fees.
View original language description ↓
Monsieur Jacques est le membre et le président du groupe Ubumwe / Rgt. Le nom du groupe signifie «Union ».Il a 28 ans et il est marié avec 2 enfants de 4 mois an à 4 ans, dont 2 scolarisés. Il a 1 personne en charge autres que ses enfants. Son niveau d’éducation est de 6 ans de secondaire.

Jacques est cultivateur de riz. C’est son premier cycle de prêt avec ACB. Il va utiliser son crédit afin d’acheter des fertilisants et payer la main d’œuvre pour son activité d’agriculture de riz.

Pour accroitre son agriculture du riz, il planifie de demander d’autres prêt pour accroitre la capacité de ses activités de la culture de riz. Dans les prochaines années, il voudrait être le meilleur producteur de riz dans la région. Avec les profits, il prévoit de payer le frais scolaire et médicaux de ses enfants.

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
  • 39
    View loans »
    Rwanda Loans Fundraising
  • $18,427,025
    Funds lent in using Kiva
  • 607.9
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ubumwe / Rtg Group's $1,500 loan helped a member to buy fertilizers and pay the labor costs associated with his rice-growing business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Sep 5, 2012
Sep 19, 2012
Currency Exchange Loss:
Apr 18, 2013