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Vugukora B / Rbv Group
In this Group: Innocent, Evariste, Jean Bosco, Jean Bosco, Arvera, Anastase, Berchimas, Dative, Daphrose, Liberathe
Jean Bosco is a member of the solidarity group VUGUKORA B and he is a cabbage farmer. He is 30 years old, married, and has four children between the ages of 11 and 3. Three of his children go to school, and he has no other dependent.

He was born in Rwanda and is educated up to the 6th year of primary school.

In 2012, he joined ACB Ltd, and he is on his second loan cycle. He repaid his first cycle without any delay.

With this new loan, he will buy seeds and will use the rest of the money to pay for the cost of labor. He is not expecting any repayment difficulty.

His farming strategy is to cultivate his fields using chemical fertilizers, which will boost his farming business.

His ambition, in terms of business, is to become involved in the wholesale of agricultural products. As for his family, he plans to continue to educate his children up to the university level.
View original language description ↓
Monsieur Jean Bosco fait partie du groupe solidaire appelé VUGUKORA B. Il fait l’agriculture des choux. Il est marié, âgée de 30 ans et a 4 enfants dont le plus âgé a 11 ans et le moins âgé a 3 ans. Trois de ses enfants vont à l’école et n’a aucune autre personne en sa charge.
Il est né au Rwanda et a fréquenté l’école jusqu’en 6ème primaire.
En 2012 c’est quand il a commencé de collaborer avec ACB Ltd, et actuellement est au 2ème cycle de crédit. Le premier cycle est remboursé sans aucun retard.
Pour le crédit demandé, il va acheter les semences et paiera la main d’œuvre avec la partie restant.
Il n’attend aucune difficulté de non remboursement de ce prêt.
Comme stratégie, Monsieur Jean Bosco va utiliser les engrais chimiques dans ses champs. Cette stratégie permettra la croissance de son activité agricole.
Pour son business, il a l’ambition d’être le grossiste des produits agricoles.
Pour sa famille, il va éduquer ses enfants jusqu’à l’université.

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
  • 49
    View loans »
    Rwanda Loans Fundraising
  • $16,932,450
    Funds lent in using Kiva
  • 630.9
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Vugukora B / Rbv Group's $2,400 loan helped a member to buy seeds and pay for the cost of labor.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Nov 15, 2012
Dec 13, 2012
Currency Exchange Loss:
Aug 2, 2013