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Abadahemana Group
In this Group: Ada , Claudine, Evelyne, Marie, Marie, Dominique, Catherine, Aisha, Adele, Madeleine, Jacqueline, Jacqueline*, Jeanine, Gertrude, Odette, Olive, Pelina, Daniel*, Goreth, Josiane, Jeanne, Jeanine, M Rose, Aliase, Chantal, Eugenie, Diane, Jeanine
* not pictured
Ada N., a member of the Abadahemana community loan group, is a 48-year-old merchant living in the Rugombo Commune in western Burundi. She has run a business selling beans at the Rugombo Market for 7 years. She was unable to attend school because she was orphaned. Her husband, Samuel Nduwimana, is a farmer. She has reached her fifth group loan cycle with Turame.

She has five children: two girls and three boys, aged 26, 24, 17, 15, and 7. Three of them are students.

She is seeking a loan through Kiva to increase the amount of beans she can sell, with the hope of realizing a larger profit. She prefers the Turame-Kiva loan system because it provides an easy and progressive repayment schedule with lower interest rates, as compared to other microfinance institutions, and also because the material guarantee is very easy.
Ada N. est une commerçante âgée de 48 ans qui habite la Commune de Rugombo à l’Ouest du Burundi. Elle fait le commerce de haricots au Marché de Rugombo il ya de cela 7 ans. Elle n’a pas pu fréquenter l’école parce qu’elle était orpheline. Son époux, Samuel Nduwimana est un cultivateur. Elle arrive au 5e cycle dans le crédit communautaire avec Turame.

Elle a 5 enfants : 2 filles et 3 garçons âgés de 26 ans, 24 ans, 17ans, 15 ans et 7ans. Trois d’entre eux étudient.

Elle demande le crédit Kiva pour augmenter la quantité de haricots à commercialiser dans l’espoir de réaliser un grand bénéfice. Elle préfère le crédit Turame-Kiva du fait qu’il présente des facilités liées au remboursement progressif avec un taux d’intérêt bas par rapport aux autres institutions financières mais aussi la garantie matérielle est très facile.

Elle est une des membres du groupe communautaire « ABADAHEMANA ».

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
  • 6
    View loans »
    Burundi Loans Fundraising
  • $4,090,025
    Funds lent in using Kiva
  • 1,215.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Abadahemana Group's $3,375 loan helped a member to increase the stock of beans for sale, with the hope realizing a larger profit.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2010
Listed
Aug 27, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011