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Iyunge Group
In this Group: Alexis, Leonidas, Riziki, Jacqueline, Dionesie, Emina, Regine, Maisara, Raheli, Pascasie, Yvona, Mathilde, Adidja, Jules, Abiba, Jeannette, Benoite, Valentin, Rose, Aline, Consolatte, Estella, Rosette, Consolatte, Asterie, Pierre, Francoise, Jeannine
Pascasie N., 33, is a businesswoman who lives in the township of Rugombo in the province of Cibitoke in the west of Burundi. She buys beans to resell at the central market of Rugombo. She started up her business with a loan from Turame and she is presently on her fourth loan, having received the amounts of 60,000 fbu ; 200,000 fbu et 270,000 fbu for her first three loans.

She is the mother of three sons, 10, 6, and 4 years old. The two older boys are enrolled in school. She makes a big effort to see that her children will be able to stay in school and graduate successfully, so that they can become responsible adults and have a happy life.

Pascasie is requesting this Kiva loan to buy bigger quantities of beans, as well as other, different foodstuffs to sell to her customers. She hopes to make a lot of profit due to this increase in her working capital.

She is a member of a group called « IYUNGE ».
View original language description ↓
Pascasie N. est une commerçante âgée de 33 ans qui habite la Commune de Rugombo dans la Province de Cibitoke à l’Ouest du Burundi. 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 ; 200,000fbu et 270,000fbu.

Elle est mère de 3 garçons respectivement de 10 ans, 6 ans et 4ans dont les deux premiers étudient. Elle lutte pour que ses enfants puissent étudier et terminer avec succès pour devenir responsables et mener une vie heureuse.

Elle demande le crédit Kiva pour acheter de plus grandes quantités de haricots mais aussi de nouveaux produits alimentaires à revendre aux clients. Elle a l’espoir d’avoir un grand bénéfice avec cette augmentation de son capital.

Elle est une des membres du groupe «IYUNGE.»

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
  • 5
    View loans »
    Burundi Loans Fundraising
  • $4,185,100
    Funds lent in using Kiva
  • 1,245.5
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Iyunge Group's $3,550 loan helped a member purchasing bigger quantities of beans but also new products to sell her customers.
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