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A loan of $4,250 helped a member increasing his capital by purchasing large quantities of beverages for resale, which will allow him to grow his savings.


Umuco Ii Group's story

Elie N. is a 30-year old merchant living in the Rugombo Community in the CIbitoke Province, in the East of Burundi. He sells beverage, a business he has been in for four years. He has stopped his schooling after the fifth grade of primary school. He is married and has five children, two of whom go to school. He is now on his fifth community loan with Turame.

He is seeking a loan from Kiva in order to increase his capital in purchasing large quantities of beverages for resale, which will allow him to grow his savings. He hopes that, with the savings made possible through this loan, he will be able to provide for the basic needs of his family and pay school fees for his children.
He is a member of the community group “Umuco II”.

In this group: Marceline, Mariam, Janviere, Alphonsine, Fifi, Julienne, Sara, Sophie, Amida, Modesienne, Rose, Emelyne, Margueritte, Gloriose, Cynthia, Sophie, Charles, Emelyne, Elie, Jean, Euphrasie, Annonciate, Odette, Nestor, Speciose, J Marie, Josephine, J Claude, Jeanine, Esperance, Meliane, David

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Translated from French by Kiva volunteer Katharina S



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Loan details