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Vyizigiro Group
In this Group: Odette, Salima, Chantal, Joseline, M Chantal, Euphrasie, Isidonie, Adidja, Revocate, Gilbert, Odile, Didace, Jeanine, Leonie, Anastasie, David, Joachim, Beatrice, Anastasie, Anastasie
Odette N. is a merchant, aged 38, who lives in the urban community of Kamenge in Bujumbura, the capital of Burundi. She has been doing commerce in charcoal for four years, whereas she used to sell staple foods before. Odette is a widow. She has an only child, aged 19, who is in his ninth year of secondary studies.

Odette has achieved her thirteenth community loan cycle with Turame. She is asking for a Turname-Kiva loan in order to increase the amount of charcoal to sell in the hopes of saving some money. She has always preferred Turname loans because they are easy to obtain and flexible in their repayment. This is contrary to the other financial institutions in the area.

Odette is part of the community group Vyizigiro.
View original language description ↓
Odette N. est une commercante agee de 38 ans qui habite la commune urbaine de Kamenge en Mairie de Bujumbura.Elle fait le commerce de charbon de bois depuis 4 ans alors qu'elle faisait le commerce de vires avant.Elle est veuve.Elle arrive au 13 cycle dans le credit communautaire avec Turame.

Elle a un enfant unique age de 19 ans qui etudie en 9e annee des etudes secondaires.
Elle demande le credit Turame-Kiva pour augmenter la quantite de charbon de bois a commercialiser dans l'espoir de faire des epargnes.
Elle a toujours prefere le credit Turame par ses facilites d'obtention et de souplesse dans le remboursement contrairement aux autres institutions financieres de la place.

Elle fait partie du groupe communautaire "VYIZIGIRO"

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
  • 18
    View loans »
    Burundi Loans Fundraising
  • $4,421,000
    Funds lent in using Kiva
  • 1,208.1
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Vyizigiro Group's $2,800 loan helped a member increasing the amount of charcoal to market in the hopes of saving some money.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2010
Listed
Sep 28, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011