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Umuco Ii Group
In this Group: Marceline, Mariam, Janviere, Alphonsine*, Adele*, Fifi, Julienne, Sergine, Sara*, Sophie, Amida*, Modesienne, Marie, Rose, Emelyne*, Margueritte, Gloriose, Cynthia, Eudie, Alphonsine, Sophie, Jerome*, Charles, Emelyne, Elie, Jean, Euphrasie, Anonciate, Abia, Odette
* not pictured
Sara N., 22, is a businesswoman who lives in the township of Rugombo, province of Cibitoke in the west of Burundi. She is married to a businessman who sells shoes. She buys beans to resell at the central market of Rugombo. She started up this business using a Turame loan and she is now on her fourth loan, having received for the three preceding loans, respectively, the amounts of 60,000 fbu; 100,000 fbu, and 270,000 fbu.

She is the mother of three children: a son aged 5, and two daughters, one 3 years old and one 3 months old. None of her children has begun school yet.

She is asking for this Kiva loan to buy bigger quantities of beans to resell to her clientele. She hopes to have a greater profit with this increase in her working capital and thus cope better with her daily needs such as food, household expenses, etc.

Sara is a member of a group called « Umuco II ».
View original language description ↓
Sara N. est une commerçante âgée de 22 ans qui habite la Commune de Rugombo dans la Province de Cibitoke à l’Ouest du Burundi. Elle est mariée à un commerçant de souliers. Elle achète des haricots pour les revendre au marché central de Rugombo. C’est un métier qu’elle a commencé à pratiquer avec le crédit de Turame qui arrive maintenant au 4e cycle ayant reçu respectivement pour les trois premiers cycles : 60,000fbu ; 100,000fbu et 270,000fbu.

Elle est mère de 3 enfants : 1garçon âgé de 5ans et deux fillettes âgées respectivement de 3ans et 3mois. Aucun de se enfants n’a déjà commencé l’école.

Elle demande le crédit Kiva pour acheter de plus grandes quantités de haricots à revendre aux clients. Elle a l’espoir d’avoir un grand bénéfice avec cette augmentation de son capital et ainsi pouvoir relever les défis quotidiens de la vie comme la ration, les frais d’entretien du ménage et autres.

Elle est une des membres du groupe « Umuco II ».

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

  • $600
    Average annual income
  • 20
    View loans »
    Burundi Loans Fundraising
  • $4,424,575
    Funds lent in using Kiva
  • 1,245.5
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Umuco Ii Group's $3,325 loan helped a member buying greater quantities of beans to sell her clientele.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010