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Turambane Group
In this Group: Caritas, Adelaide, Bona, Severin, Asterie, Monique, Vanessa, Dominique, Spes, Genevieve, Marie, Imelde, Elysee, Casssilde, Petronie, Angelique, Veronique, Francine, Patricie, Crescence, Esperance, Spes, Gaudence, Suzane, Jacqueline, Florence, Gaudence, Georgette, Leonie, Viola, Alice, Virginie, Frederique, Esperance, Agrippine, Pascal, Denise, Mathilde, Pulcherie, A Rose, Odette, Honorate, M Rose, Lucien, Eliane
Zacharie N. is a 40-year old merchant who lives in the city of Kibimba in the province of Gitega. He has had a business selling green beans for 8 years. He has a grade 6 education. He is married to Crescenece N. who is also a merchant and part of the same group. They have 4 children together and they are all in school. They are on their 10th loan cycle with the communal bank Turame (Kiva Field Partner).

He requests a Kiva loan to supplement his capital funds with the goal of purchasing large quantities of green beans. He will increase his supply for sale and it will increase his earnings. He hopes that with the profits earned with the help of this loan he will be able to develop his business enough to provide for his family's needs.

He is a member of the group named "Turambane".
Zacharie N. est un commerçant âgé de 40 ans qui habite la localité de Kibimba de la Province de Gitega. Il fait le commerce de haricot depuis 8ans. Il a fait ses études jusqu’au niveau de l’école primaire en 6e année. Il est marie a Crescence N. qui elle-même est commerçante et membre du groupe. Ils ont 4enfants qui étudient tous. Il arrive au 10e cycle dans le crédit Communautaire avec Turame.

Il demande le crédit Kiva pour accroitre son capital en achetant de grandes quantités de de haricot pour accroitre son stock à vendre et ainsi pouvoir accroitre ses économies. Il espère qu’avec les économies réalisées avec ce credit, il sera un grand commerçant en étant à mesure de subvenir aux besoins familiaux.

Il est membre du groupe Communautaire« Turambane».

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
  • 10
    View loans »
    Burundi Loans Fundraising
  • $4,139,300
    Funds lent in using Kiva
  • 1,216.9
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Turambane Group's $4,775 loan helped a member to purchase large quantities for food products for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2010
Listed
Jan 14, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011