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Giringuvu Group
In this Group: Nadine, M Therese*, J Bosco, Odette, Salvator*, Evariste, Julie, Agnes*, Selemani, Marceline*, Elivanie, Christine, Marie, Filemon, Sylvestre, Zainabu, Elihud, Hawa, Sikitu, Abraham, Robert, Ferdinand, J Marie, Musifota, Laurent, Victoire, Michel, Erasto, Paul*, Agnes, Andre, Innocent
* not pictured
Marceline N. is a merchant, age 40, who lives in Mvugo in the Nyanza-Lac commune (township) in the Makamba province in the south of Burundi. She has been selling food products such as fish in Mvugo for four years. Before beginning this career, she was a farmer. She did not go to school. She is married and the mother of six children, two of whom are in school. She is on her fourth loan cycle with Turame Community Finance.

She is seeking a Kiva loan to increase her working capital to buy many food products to sell to her customers in the hope of achieving big savings and thus growing her business. She hopes to be able to diversify her offerings in the future.

She is a member of the Giringuvu Community group.
View original language description ↓
Marceline N. est une commerçante âgée de 40 ans qui habite la localité de Mvugo en commune Nyanza –Lac de la Province de Makamba au Sud du Burundi. Elle fait le commerce de produits alimentaires comme le poisson et autres denrées alimentaires au centre de Mvugo depuis 4ans alors qu’elle était cultivatrice avant de commencer ce métier. Elle n’a pas fréquente l’école. Elle est mariée et mère de 6 enfants dont deux sont a l’école. Elle arrive au 4e cycle dans le crédit Communautaire avec Turame.

Elle demande le crédit Kiva pour accroitre son capital en achetant beaucoup de produits alimentaires a revendre a ses clients dans l’espoir de réaliser de grandes épargnes et ainsi accroitre son business. Elle espère qu’elle pourra diversifier ses articles à commercialiser dans l’avenir.

Elle est membre du groupe Communautaire« Giringuvu»

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
  • 1,228.9
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Giringuvu Group's $4,150 loan helped a member increase capital by buying many food products to sell to customers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2011
Listed
Feb 18, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012