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Twunguruzanye Group
In this Group: Gaspard, Claire, Marie, Felicite, Souavis, Gudura, Rosette, Christiane, Marie, Petronie, Jeanne, Pascasie, Rose, Pascaline, Elisabeth, Pascasie*, Gerard, Therence, Marie, Simona, Chantal, Pascasie, Therese, Marguerite, Abraham, Sabine, Judith, Marcienne, Annonciate*, Nicelate*, Stanislas*, Esperance, Marguerite, Jeanine, Spes Caritas
* not pictured
Gérard is a 37 years old merchant who lives in the central area of the country, in the city of Gitega. He has been in the beans retail business for six years. He also is a grower. He went to school up to the primary level. He is married and a father of four children, two of whom are attending primary school.
The 90,000 Burundian francs loan from Kiva he is being granted allows him to increase his capital to purchase large quantities of beans to retail in order to make substantial profits.
He is a member of community group "Twunguruzanye."
View original language description ↓
Gérard est un commerçant âgé de 37ans qui habite au centre du pays dans la ville de Gitega. Il fait le commerce de haricots depuis 6ans. Il est aussi cultivateur. Il a fréquenté l’école jusqu’au niveau du primaire. Il est marié et père de 4 enfants dont 2 étudient a l’école primaire.
Le crédit Kiva de qu’il obtient lui permet d’augmenter son capital pour acheter de grandes quantités de haricots à revendre afin de réaliser de grands bénéfices.

Il est membre du groupe communautaire« TWUNGURUZANYE»

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
  • 11
    View loans »
    Burundi Loans Fundraising
  • $4,290,725
    Funds lent in using Kiva
  • 1,213.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Twunguruzanye Group's $2,500 loan helped a member to increase his capital to buy large quantities of beans to retail in order to make substantial profits.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2011
Listed
Aug 3, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 18, 2012