Funded

Total loan: $3,250
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Twongerumusaruro No 29/rsz Group

Rwanda
Rwanda / Agriculture

A loan of $3,250 helped a member to buy chemical fertilizers and pay for the cost of farm labor.


Twongerumusaruro No 29/rsz Group's story

Marcel is the chairman of the group Twongeremusaruro No 29/Rsz. The group's name means "We increase the harvest." Marcel is shown in the center of the back row in the photo. He is 43 years old and is married with eight children. They are aged three to 21 years, and six of them currently attend school. Marcel was able to attend school through the level of 6th Primary.

Marcel is a rice farmer. This is his fourth loan cycle with ACB. He has said that his first loan helped his rice production enormously, and that he had no difficulty in repaying the loan. He will use his current loan to purchase fertilizer and to pay for the cost of the labor involved in rice farming.

To increase his rice yields, Marcel plans to seek additional loans to further improve his rice farming. He also plans to purchase additional land to expand his fields. In the coming years, his goal is to build a rice warehouse. With the income generated by this loan, Marcel will pay for his children's schooling and health insurance.

In this group: Francine, Boniface, Jacques, Zacharie, Marcel, Lazare, Ferdinand, Geras, Alfred
*not pictured

Translated from French by Kiva volunteer Jane Coe



Loan details

Loan length:

6 months
Repayment schedule: At end of term
Disbursed date: October 9, 2012
Facilitated by Field Partner: Amasezerano Community Banking S.A.

Lenders and lending teams



Loan details

Loan length:

6 months
Repayment schedule: At end of term
Disbursed date: October 9, 2012
Facilitated by Field Partner: Amasezerano Community Banking S.A.