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Turibamwe Group
In this Group: Lazare, Paulette, Zephyrin, Spes, Zilfa, M Goreth, Jeanine, Saidate, Mariam, Zuhura*, Aline, Consolate, M Claire, Alice, Aline, Rahn*, Hawa, Sophie*, Olive, J Baptiste, M Marguerite*, Zephyrin, Goreth, Aline, Febronie*, Amissa, Zayana, Riziki, M Rose
* not pictured
Lazare is 59 years old. He is a merchant and lives in the town of Nyamugari in the center of the country, in the province of Gitega. He has been selling food products to a restaurant for seven years. He sold food products from a shop before beginning this type of work. He attended school up to the 6th year of primary studies. He is the father of 13 children; the oldest is 36 years old and the youngest is five.

The loan of 100,000 Burundi francs that he will get will allow him to increase his working capital by buying a larger quantity of food products to be used in the restaurant. This will mean large profits for him.
He is a member of the community group « TURIBAMWE».
View original language description ↓
Lazare est un commerçant âgé de 59ans qui habite la localité de Nyamugari au centre du pays dans la Province de Gitega. Il fait le commerce de produits alimentaires dans un restaurant depuis 7ans. Il faisait le commerce des produits alimentaires de boutique avant de commencer ce métier. Il a fréquenté l’école jusqu’en 6e année des études primaires. Il est et père de 13 enfants ; le 1er ayant 36 ans et le dernier avec 5ans.
Le crédit Kiva de 100,000 francs burundais qu’il obtient lui permet d’augmenter son capital en achetant une plus grande quantité de produits alimentaires consommes dans le restaurant afin de réaliser de grands bénéfices.

Il est membre du groupe communautaire« TURIBAMWE»

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
  • 4
    View loans »
    Burundi Loans Fundraising
  • $4,116,725
    Funds lent in using Kiva
  • 1,212.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Turibamwe Group's $3,625 loan helped a member to increase his working capital by buying a larger quantity of food products to be used in the restaurant in order to make large profits.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2011
Listed
Sep 10, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 18, 2012