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Baraka Group
In this Group: Zubeda, Mariam, Rehema*, Mwajuma, Feza*, Fatuma, Beatrice*, Mariam, Pascasie, Zainabu*, Tatu, Ally, Zainabu, Ojaliya*, Pascasie, Bahati, Tatu, Alima, Aline, Zuhura, Zamda, Bienvenu, Elias, Eric, Mwanaidi, Sheka, Esperance, Zazayana, Salima, Mami
* not pictured
Henry M. is a 30-year old businessman, who lives in the urban district of Buyenzi in the municipality of Bujumbura. He has been selling products in his shop for ten years. He attended school up until his second year at university. He is married to Linda Nzorubara, who is studying at university. They have one child who is one year old. Henry is on his seventh community loan from Turame.

He is requesting the Kiva loan to increase his capital by buying large quantities of goods for his shop, notably beans, soaps and various other items, in order to resell them to his customers and be able to increase his savings. With the savings he makes with this loan, he hopes that he will be able to buy a piece of land to build his own house on and also provide for his family's basic needs.

He is a member of the "Baraka" community group (Baraka means blessing or benediction).
View original language description ↓
Henry M. est un commerçant âgé de 30 ans qui habite la Commune urbaine de Buyenzi en Mairie de Bujumbura. Il fait le commerce des produits de boutique depuis 10ans. Il a fréquenté l’école jusqu’en 2e année de L’Université. Il est marié à Linda Nzorubara qui étudie à L’Université. Ils ont 1 enfant âgé d’une année. Il arrive au 7e cycle dans le crédit Communautaire avec Turame.

Il demande le crédit Kiva pour accroitre son capital en achetant de grandes quantités de boutique notamment des haricots, savons et divers autres articles à revendre aux clients et ainsi pouvoir accroitre ses économies. Il espère qu’avec les économies réalisées avec ce credit, il pourra acheter une parcelle pour construire sa propre maison et assurer les besoins élémentaires familiaux.

Il est membre du groupe communautaire« Baraka» qui signifie benedictions.

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
  • 4
    View loans »
    Burundi Loans Fundraising
  • $4,116,725
    Funds lent in using Kiva
  • 1,221.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Baraka Group's $4,600 loan helped a member increase his capital by buying large quantities of goods for his shop, notably beans, soaps and other goods to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2010
Listed
Jan 14, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011