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Akarusho Group
In this Group: Antoinette, Esperance, Esperance, Aline, Christotte
Esperance N. is a 30-year old entrepreneur who lives in the urban commune of Nyakabiga, of Bujumbura Mairie. She sells various dry goods in the district of Nyakabiga. She has finished primary studies until the 6th school year. Her husband, Henri Bigiramana, works for Air Burundi. She participates in the solidarity loan program of Turame Community Credit.

She has four children, aged 13, 10, 7, and 5 years respectively; all go to school. She is seeking a loan from Kiva in order to increase the stock of various articles in her store and to increase her revenues. She is hoping to be able to purchase a land plot to have her own house built; also, she would like her children to complete their studies successfully and lead a better life. Her business was launched with a small starting capital but has grown gradually over time. She is a member of the Akarusho solidarity group.
View original language description ↓
Esperance N. est une commerçante âgée de 30 ans qui habite la Commune urbaine de Nyakabiga en Mairie de Bujumbura. Elle fait le commerce de produits de boutique au quartier Nyakabiga il ya de cela 10 ans. Elle a fait ses études primaires jusqu’en 6e année. Son époux, Henri Bigirimana, est employé chez Air Burundi. Elle participe dans le crédit solidaire avec Turame.

Elle a 4 enfants âgés successivement de 13ans, 10ans, 7ans et 5ans qui étudient.

Elle demande le crédit Kiva pour augmenter la quantité des produits de boutique en vue de réaliser un grand bénéfice. Elle espère avoir une parcelle pour construire sa propre maison mais souhaite aussi que ses enfants finissent leurs études avec succès afin de mener une vie meilleure. Son business a commencé avec un petit capital mais se développe petit à petit avec le temps.
Elle est une des membres du groupe solidaire « AKARUSHO ».

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
  • 0
    View loans »
    Burundi Loans Fundraising
  • $4,197,025
    Funds lent in using Kiva
  • 1,205.1
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Akarusho Group's $2,000 loan helped a member augmenter la quantité des produits de boutique en vue de réaliser un grand bénéfice.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2010
Listed
Sep 4, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011