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Kaze Ii Group
In this Group: Spes, Sylvie, Isidonie, Valerie, Rosette, Denise, Josephine, Faustin, Charlotte, Denise, Lenatte, Venantie, Anastasie, Evelyne, Asterie, Euphrasie, Violette, Imelde, Pelagie, Capitoline, Nathalie, Constance, Clotilde, Gerard, Innocent, Gervais, Noadie, Jacqueline, Julienne, Seraphine, Irene Gloriose
Faustin is a 54 year-old merchant residing in the regional capital of the Ruyigi district, in eastern Burundi. He has been trading goats for 15 years, while also being a farmer. He is married to Lea Nizigiyimana, herself a farmer, and they have three children together, who are students. He went to school up to the sixth grade of primary school.

He is requesting a Kiva loan to increase his capital in order to purchase great numbers of goats for resale, so that he can make a large profit. This activity makes it possible for him to provide for his family's basic needs and his children's school expenses.

He is a member of the "Kaze II" community group.
View original language description ↓
Faustin est un commerçant âgé de 54ans qui habite au chef lieu de la Province de Ruyigi située à l’Est du Burundi. Il fait le commerce de chèvres depuis 15 ans et il est en même temps cultivateur. Il est marié a Léa elle-même cultivatrice et ont ensemble 3 enfants qui étudient. Il a fait ses études jusqu’en 6e année primaire.

Il demande le crédit Kiva pour augmenter son capital pour acheter de grandes quantités de chèvres a revendre afin de réaliser de grands bénéfices. Cette activite lui permet d’assurer les besoins élémentaires familiaux et la scolarité de ses enfants.

Elle est membre du groupe communautaire« Kaze II».

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
  • 12
    View loans »
    Burundi Loans Fundraising
  • $4,045,150
    Funds lent in using Kiva
  • 1,212.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kaze Ii Group's $3,925 loan helped a member to increase his capital to buy numerous goats for resale in order to make a large profit.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2011
Listed
May 26, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011