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Umoja Ni Nguvu 1 Group
In this Group: Jeanne*, Mariam, Madina, Elisabeth, Aisha, Amida, Caline, Abdallai, Mariam, Dieudonne, Juliwa, Salama, Alphonsine, Sifa
* not pictured
Mariam is a 33-year-old trader who lives in Bwiza, a district of Bujumbura. She is a widow with 3 children, two of whom go to secondary school. Mariam completed 5 years of primary school and has been selling a variety of products such as soap, women's cosmetics, toothpaste, pens and notepads from a kiosk for 3 years. She will use the loan of 400 000 Burundese francs to restock on products which will be resold for a good profit.

Mariam is part of the community group "UMOJA NI NGUVU 1".
Mariam est une commerçante âgée de 33ans qui habite au quartier Bwiza de la Mairie de Bujumbura.Elle fait le commerce d’articles divers(savons,produits cosmetiques pour dames,dentifrices,stylos,carnets de notes,etc) dans un kiosque depuis 3ans. Elle a fait ses études jusqu’en 6e année primaire. Elle est veuve avec 3 enfants qui étudient dont 2 sont a l’école secondaire.
Le crédit Kiva de 400,000 francs burundais qu’elle obtient lui permet d’augmenter son capital en achetant beaucoup d’articles divers (savons, produits cosmétiques pour dames, dentifrices, stylos, carnets de notes,etc) à revendre afin de réaliser de grands bénéfices.

Elle est membre du groupe communautaire« UMOJA NI NGUVU 1».

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
  • 0
    View loans »
    Burundi Loans Fundraising
  • $4,204,500
    Funds lent in using Kiva
  • 1,220.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Umoja Ni Nguvu 1 Group's $3,075 loan helped a member to buy various products for resale (soap, women's cosmetics, toothpaste, pens, notepads, etc.).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 15, 2011
Listed
Sep 22, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 19, 2012