Bernadette K. is a 30 year-old shopkeeper who lives in the Bwiza neighborhood of Bujumbura Mairie. She has been selling pagnes (traditional sarong-like clothing) for women at the Bujumbura Market for a year. She attended school up to the sixth grade of elementary school. Her husband, Joseph M. is also a shopkeeper, selling spare parts for vehicles. She is on her third group loan cycle with Turame. She is the mother of 3 children who are in school. She is asking for a Kiva loan so she can have a larger quantity of pagnes to sell in the hopes of making a large profit. She hopes to save some money to cover the school expenses of her children and to build her own house. She is one of the members of the community group “INEZA.”
Bernadette K. est une commerçante âgée de 30 ans qui habite le quartier Bwiza en Mairie de Bujumbura. Elle fait le commerce de pagnes pour femmes au Marché de Bujumbura depuis une année. Elle a fréquenté l’école jusqu’en 6e des études primaires. Son époux, Joseph M. est aussi commerçant de pièces de rechange pour véhicules. Elle arrive au 3e cycle dans le crédit communautaire avec Turame.
Elle est mère 3 enfants qui étudient.
Elle demande le crédit Kiva pour augmenter la quantité de pagnes à vendre dans l’espoir d’avoir un grand bénéfice. Elle espère faire des épargnes pour assurer les frais de scolarité de ses enfants et construire sa propre maison.
Elle est une des membres du groupe communautaire « INEZA ».
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.