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Uzima Group
In this Group: Cubwa, Chantal, Sina, Alima, Hidaya, Rahema
Chantal is a 42-year-old businesswoman living in the neighborhood of Buyenzi en Marie in Bujumbura. She has run her restaurant for 12 years, a business that she launched when she was a seamstress and sold cosmetics and shoes. She is married to Ibrahim, a driver. Together they have eight children, of whom three attend school. Chantal studied until sixth grade in elementary school.

She applies for a loan to increase her working capital in order to offer more services in her restaurant and make more profit. She hopes that her business will grow and enable her to provide for her basic needs and build her own house, since she has a plot of land.

Chantal is a member of Uzima Solidarity Group.
View original language description ↓
Chantal est une commerçante âgée de 42ans qui habite au quartier Buyenzi en Mairie de Bujumbura. Elle gère son restaurant depuis 12 un métier qu’elle a commence alors qu’elle faisait des habits, des produits cosmétiques et des souliers. Elle est mariée à Ibrahim, un chauffeur. Ils ont ensemble 8 enfants dont 3 étudient. Elle a fait ses études jusqu’en 6e année primaires.
Elle demande le crédit pour augmenter son capital et agrandir le volume des services offerts dans son restaurant pour réaliser de grands bénéfices.
Elle espère que son business va se développer pour lui permettre de subvenir a ses besoins essentiels et construire sa propre maison parce qu’elle a une parcelle.
Elle est membre du groupe solidaire« UZIMA».

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
  • 6
    View loans »
    Burundi Loans Fundraising
  • $4,185,100
    Funds lent in using Kiva
  • 1,210.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Uzima Group's $2,300 loan helped a member to increase her working capital in order to offer more services in her restaurant.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2011
Listed
Jun 26, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011