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Munezero Group
In this Group: Chantal*, Esperance, Mwamini, Boniface, Speciose, Kisulu*, Asha, Renovat, Marie, M Therese, Beatrice, Gerardine, Marie, Nema, Furaha, Felicite, Firdaus*, Louis, Domithile, Assiya, Thadee, Appollinaire, Samuel, Innocent *, Delephine, Rachidi*, J Marie, Jean, Zuena, Modeste, Josiane, Francoise
* not pictured
Renovat ManiraK. is a 32 year old retailer who lives in Buyenzi, an urban community which is part of the Bujumbura mayorship. He has been sewing for 12 years. He attended secondary school and got his A3 diploma in the paramedical section. His wife, U. Assiya, is also a retailer. He is currently in the 8th cycle in the community loan with Turame.

He has 3 children aged 8, 6 and 2 years old who are in their first year at school, except for the youngest one who does not attend school yet.

He is requesting a Kiva loan to buy sewing supplies such as cloths and other accessories in order to increase the production of sewed items that he sells to his customers. In the future, he hopes to have his own capital to buy modern sewing machines and thus be able to provide for the various needs of his household, pay for his children’s school fees and meet other basic needs.

He is a member of the “Munezero” community group
View original language description ↓
Renovat ManiraK. est un commerçant âgé de 32 ans qui habite la Commune urbaine de Buyenzi en mairie de Bujumbura. Il fait la couture il ya de cela 12 ans. Il a fait ses études secondaires et a obtenu son Diplôme A3 en section paramédicale. Son épouse, U. Assiya, est aussi commerçante. Il arrive au 8e cycle dans le crédit communautaire avec Turame.

Il a 3 enfants âgés de 8 ans, 6ans et 2ans qui étudient en 1ere année sauf le cadet qui n’étudie pas encore.

Il demande le crédit Kiva pour acheter des matériaux de couture comme les tissus et autres accessoires afin d’augmenter les produits de couture qu’il vend aux clients. Il espère dans le futur, avoir son capital propre pour acheter des machines modernes de couture et ainsi être à mesure de subvenir à ses besoins divers comme sa propre maison, assurer les frais de scolarité de son enfant et autres besoins essentiels.

Il est un des membres du groupe communautaire« Munezero ».

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
  • 23
    View loans »
    Burundi Loans Fundraising
  • $4,384,100
    Funds lent in using Kiva
  • 1,205.1
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Munezero Group's $4,525 loan helped a member to buy sewing supplies like cloths and other accessories in order to increase the production of sewed items that he sells to customers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2010
Listed
Jul 21, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 16, 2011