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Ibuka Group
In this Group: M Rose, Jovite, Caline, Christine, Josephine, Melance, Siforose, M Goreth, Josephine*, Corneille, Frederic, Leonidas*, Nimpaye, Baltazar, Josiane, Nikonakunze, Celine, Esperance*, Desire, J Paul, Nomisse, Amida, Rosalie*, Thadee, Protais, Anastasie, Joseph
* not pictured
Rose N. is a 61-year-old merchant who lives in the town of Nyanza-Lac, province of Makamba, in southern Burundi. She is a member of the Ibuka solidarity group. She is a widow with five children, three of whom are already married. They are all adults who no longer go to school. She herself never attended school.

She sells food items such as bananas, cassava, and palm oil, and has five years of experience in this business. Prior to her current activity, she used to sell beer. She has reached her fourth loan cycle with Turame.

She turned to Kiva for a loan to increase her working capital. She will buy a large quantity of food for resale in order to make substantial profits.

She hopes that this activity will allow her to support herself despite her age.
Rose N. est une vieille commerçante âgée de 61 ans qui habite la commune de Nyanza-Lac en province de Makamba au Sud du Burundi. Elle fait le commerce de produits alimentaires comme les bananes, le manioc et l’huile de palme. Elle exerce ce métier depuis 5 ans mais vendait la bière avant. Elle n’a pas fréquenté l’école. Elle est veuve avec 5 enfants dont 3 d’entre eux déjà maries. Ils sont tous adultes et aucun d’eux reste encore à l’école. Elle arrive au 4e cycle dans le crédit Communautaire avec Turame.

Elle demande le crédit Kiva pour augmenter son capital en achetant une grande quantité de produits alimentaires à revendre pour réaliser de grands bénéfices. Elle espère que ce métier lui permettra de subvenir a ses besoins même en son âge avance.

Elle est membre du groupe Communautaire« Ibuka».

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
  • 22
    View loans »
    Burundi Loans Fundraising
  • $4,424,575
    Funds lent in using Kiva
  • 1,222.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ibuka Group's $4,325 loan helped a member to buy a large quantity of food items for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2011
Listed
Mar 24, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011