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Vugukuri Group
In this Group: Eliane , Monique, Augustine, Esperance, Caritas, Zainabu, Belyse, Pascasie, Odette, Speciose, Christophe, Aloys, Francine, Caritas, Giselle, Ranguide, Emmanueline, Francine, Liliane, Aline , Aline, Jeanne, Bonaventure, Esperance, Therese, Esperance, Concilie, Estella, A Marie, J Bosco , Dieudonne
Monique H., 30, is a businesswoman who lives in the township of Kanyosha in City Hall in Bujumbura. She made it through seventh grade. She buys bananas to make wine with and then sells the wine in the suburbs of Kanyosha. This is the business she has always done well at, even before she got a loan through Turame.

Monique is the mother of seven children, four girls and three boys, and five of them are married, whereas two others attend secondary school. She struggles so that her children will be able to attend school and graduate with success, but also so that each will be able to have his own house in town and live comfortably.

She is requesting the Kiva loan to buy more bananas and produce more wine to sell to her customers. She hopes that this increase in working capital will lead to a lot more profit. That way, she will be able to resolve certain of her difficulties with daily expenses and paying school fees for her children.

She is one of the members of the « VUGUKURI » group; they are on their seventh loan.
View original language description ↓
Monique H. est une commerçante âgée de 49 ans qui habite la Commune urbaine de Kanyosha en Mairie de Bujumbura. Elle a fait ses études jusqu’en 7e année des écoles secondaires. Elle achète des bananes pour en fabriquer du vin qu’elle vend dans les banlieues de Kanyosha. C’est un métier qu’elle a toujours pratiqué bien même avant qu’elle ne reçoive le crédit de Turame.

Elle est mère de 7 enfants ; 4 filles et 3 garçons et 5 d’entre eux sont mariés tandis que les 2 autres étudient à l’école secondaire. Elle lutte pour que ses enfants puissent étudier et terminer avec succès mais aussi avoir chacun sa propre maison en ville afin qu’ils vivent aisément.

Elle demande le crédit Kiva pour augmenter la quantité des bananes à acheter pour pouvoir accroitre la quantité de vin qu’elle revend aux clients. Elle a l’espoir d’avoir un grand bénéfice avec cette augmentation de son capital. Elle pourra ainsi résoudre certaines de ses difficultés relatives aux dépenses quotidiennes et les frais de scolarisation de ses enfants.

Elle est une des membres du groupe « VUGUKURI » et sont au 7e cycle.

Additional Information

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 Burundi

  • $400
    Average annual income
  • 6
    View loans »
    Burundi Loans Fundraising
  • $4,185,100
    Funds lent in using Kiva
  • 1,216.3
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Vugukuri Group's $3,225 loan helped a member buy more bananas so as to produce more of the wine she sells to her customers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2010
Listed
Apr 28, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010