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Warakoze Group
In this Group: Elysee, Avito, Jeanine, Godelieve, Agathe, Cesalie, Sylvane, Concilie, Pascasie, Augustin, Aline, Jeanette, Denise, Damienne, Lufina, Diomede*, Julienne, Virginie, Pascasie, Silas, Elysee, Seraphine, Crescence, Jacqueline, M Rose, Gaudiose, Janviere, Angelique, Leocadie, Seraphine, Dieudonne, Euphrasie, Emmanueline, Evelyne
* not pictured
Jeanne N. is a 55-year-old merchant who lives in downtown Kayanza, a province located in northern Burundi. She has been selling banana beer for 12 years. Prior to this activity, she was a farmer. She completed six years in primary school. She is married to Jerome Masabo, a farmer, and together they have seven children, five of whom are already married and the other two still in school.

She has reached her 7th cycle of community credit with Turame. She is seeking a loan with Kiva to increase her capital. She will buy a large quantity of bananas to extract the juice that will be turned into beer. She will then sell the beer for substantial profits. This activity helps her to cover some basic household expenses.

She is a member of the Warakoze community group.
Jeanne N. est une vieille commerçante âgée de 55ans qui habite au centre ville de la Province de Kayanza au Nord du Burundi. Elle fait le commerce de bière de banane depuis 12 ans alors qu’elle était cultivatrice avant de pratiquer ce métier. Elle a fait ses études jusqu’au niveau de la 6e annee primaires. Elle est mariée a Jérôme Masabo, un cultivateur, et ont ensemble 7 enfants dont 5 déjà maries et 2 autres qui étudient. Elle arrive au 7e cycle dans le crédit Communautaire avec Turame.

Elle demande le crédit Kiva pour augmenter son capital en achetant une grande quantité de bananes pour en extraire une grande quantité de jus pour faire la bière à revendre pour réaliser de grands bénéfices. Ce commerce lui aide à couvrir les charges familiales les plus élémentaires.

Elle est membre du groupe Communautaire« Warakoze».

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
  • 5
    View loans »
    Burundi Loans Fundraising
  • $4,185,100
    Funds lent in using Kiva
  • 1,222.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Warakoze Group's $4,475 loan helped a member to increase her capital to buy a large quantity of bananas whose juice will be turned into banana beer.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2011
Listed
Mar 25, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011