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Matumaini Group
In this Group: Esperance, Cecile, Ashura, Asha, Chantal *, Zedi, Anne
* not pictured
Esperance H., 38, is a businesswoman who lives in the township of Kinama in the Town Hall district of Bujumbura. She sells fish, fruit, and also packaging materials for various products in the central market of the town of Bujumbura. Her husband, Rurerekana Marc, is in the same business in the same place. This is the business she began 15 years ago when she was a farmer. She is a faithful client of Turame and is now on her 6th loan.

Esperance is the mother of 5 children, two sons and three daughters, but she is also responsible for four other children, two boys and two girls, belonging to close relatives. All the children go to school.

She is requesting a Kiva loan to buy bigger quantities of fish, fruit, and packaging materials to sell to her customers. If the coming elections go off without problems, she hopes to make a big profit from this increased working capital and thus to be able to meet her day-to-day challenges such as food, household expenses, and so on.

Esperance is a member of the solidarity group "Matumaini" which means 'hope'.
View original language description ↓
Esperance H. est une commerçante âgée de 38 ans qui habite la Commune de Kinama en Mairie de Bujumbura. Elle fait le commerce de poissons, les fruits mais aussi achète du matériel d’emballage pour divers produits pour les revendre au marche central de la ville de Bujumbura. Son époux, Rurerekana Marc, fait le même métier au même lieu. C’est un métier qu’elle a commencé à pratiquer il ya de cela 15ans alors qu’elle était cultivatrice. C’est une cliente fidele de Turame qui arrive maintenant au 6e cycle.

Elle est mère de 5 enfants : 2garçons et 3 filles mais prend aussi en charge 4 autres enfants dont 2 garçons et 2 filles de sa famille proche. Tous ces enfants vont à l’école.

Elle demande le crédit Kiva pour acheter de plus grandes quantités de poissons, fruits et matériel d’emballage à revendre aux clients. Elle a l’espoir,si les élections en cours se passent sans heurts, 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 solidaire « Matumaini » qui signifie espoir.

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
  • 17
    View loans »
    Burundi Loans Fundraising
  • $4,295,750
    Funds lent in using Kiva
  • 1,262.6
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Matumaini Group's $2,625 loan helped a member buy bigger quantities of fish, fruit, and packaging materials for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2010
Listed
May 13, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010