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Abagwaneza Group
In this Group: Jacqueline, Salvator, Cecile, Janvier, Nadia, Felicite, Alice, Marie, Consolate, Noella, Lidia, Anitha, Mwajuma, Felicite, Salvatrice, Adelphine, Souavis, Souavis, Annonciate, Francine, Clemence, Vanessa, Evelyne, Fiston, Marie, Beatrice, Suzane, M Rose
Salvator N. is a 37-year-old merchant living in the Kamenge urban borough, part of Bujumbura Mayorship. He has been retailing food products such as rice, beans, and other such products in the Kamenge borough for the past four years. He completed schooling up to 6th grade. He was a farmer before starting this commercial activity.

The only family members he lives with are his children for whom he rents a house in Kamenge. His four children all attend school. His wife, Monique N., is a crop farmer and lives in the country.

He has now reached the 5th group loan cycle with the Turame association. He is requesting the Kiva loan to buy large quantities of food products with the hope of generating much profit. He is often unwell and is sometimes threatened by thieves who take his belongings.

He hopes that the revenue generated by this credit loan will enable him in the future to buy a lot, build his own home and build up some capital.

He is one of the members of the "Abagwaneza” community group.
View original language description ↓
Salvator N. est un commerçant âgé de 37 ans qui habite la Commune urbaine de Kamenge en Mairie de Bujumbura. Il fait le commerce de produits vivriers de boutique comme le riz, le haricot, et autres articles au quartier Kamenge il ya de cela 4 ans. Il a fait ses études primaires jusqu’en 6e année. Il était cultivateur avant de commencer cette activité. Il n’habite pas avec tous les membres de sa famille exceptes ses enfants qu’il héberge ou il loue une maison dans Kamenge. Son épouse, Monique N., est cultivatrice et habite la campagne. Il arrive au 5e cycle dans le crédit communautaire avec Turame.

Il a 4 enfants qui étudient.

Il demande le crédit Kiva pour acheter de grandes quantités des produits vivriers de boutique dans l’espoir de réaliser un grand bénéfice. Il est souvent maladif et se trouve parfois menacé par les voleurs qui emportent ses biens. Il espère qu’avec du bénéfice généré de ce crédit dans le futur, il sera à mesure d’acheter une parcelle pour construire sa propre maison et rester avec son propre capital.

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

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
  • 1,218.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Abagwaneza Group's $3,025 loan helped a member buy large quantities of food products with the hope of generating much profit.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2010
Listed
Aug 2, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011