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Jun 13, 2016 4:41 PM ET

Archived: Rwanda: A loan of $2,575 helps Sabin to purchase land to expand his workshop.

iCrowdNewswire - Jun 13, 2016




Musanze, Rwanda / Metal Shop



Borrower image



Sabin’s story

Sabin is a fantastic business man. He is hard working, focused, and delivers quality products to his customers on time. Sabin’s welding shop is located in Northern Rwanda where there are several of Rwanda’s large hydroelectric power plants. Sabin has established his business as reliable welding services that can install and repair these large turbines, as well as other smaller machines for manufacturing and construction.

Two years ago, AEC gave Sabin a loan to purchase a large fabricator machine, the second of its kind in Rwanda. With this machine, Sabin is able to make more products and machines. As a result, his business is booming.

Sabin is currently in the process of expanding his workshop so that he can better meet the demands of his growing business. He needs 2,575 USD to purchase the land adjacent to his current workshop.

AEC is pleased to support Sabin’s efforts. He is a kind, respectful, and honest man, who is creating jobs for young people in his community. Thank you for your consideration of Sabin’s loan, and for investing in Rwandan entrepreneurs.





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This loan is special because:

It offers a full package of support for Rwanda’s promising entrepreneurs.


Elizabeth Davidson
Kiva staff


More about this loan


About African Entrepreneur Collective (AEC):

African Entrepreneur Collective (AEC) is a business accelerator program that aims to help African youth-led enterprises grow and create new jobs for poor in their communities. This unique, comprehensive program is committed to address the problem of unemployment in Rwanda and to capitalize on the opportunity for sustainable SME growth and fill a demonstrated need in East Africa.


Each year, AEC recruits and selects 100 entrepreneurs to participate in a two-year business accelerator. Once identified through competitive applications, entrepreneurs participate in the Business Training to enhance their business skills. Kiva lenders’ funds are used to impact more entrepreneurs in the country and create more job opportunities.


AEC joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.


A loan of $2,575 helps Sabin to purchase land to expand his workshop.



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