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Umoja Ni Nguvu 2 Group
In this Group: Germaine, Lea, Judith, Tembel, Isaac, Evariste, Esterine, Valentin, Charles, Adidja, Asani, Jimmy, Stany, Sebastien, Telesphore, Djumaine
Evariste is a 45-year-old merchant who lives in the district of Bwiza, in the city of Bujumbura. He is a member of the UMOJA NI NGUVU 2 community group.

Evariste is married to Adele and they have four children together, three of whom go to school. He himself attended five years of primary school.

Evariste started selling shoes three years ago. A loan of 250,000 Burundian francs will allow him to increase his working capital. He will stock up on shoes for resale in order to earn substantial profits.
Evariste est un commerçante âgé de 45ans qui habite au quartier Bwiza de la Mairie de Bujumbura.Il fait le commerce des chaussures depuis 3ans. Il a fait ses études jusqu’en 5e année primaire.Il est marie a Adele et ont ensemble 4 enfants dont 3 étudient.
Le crédit Kiva de 250,000 francs burundais qu’il obtient lui permet d’augmenter son capital en achetant beaucoup de souliers à revendre afin de réaliser de grands bénéfices.

Il est membre du groupe communautaire« UMOJA NI NGUVU 2».

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
  • 1,220.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Umoja Ni Nguvu 2 Group's $2,500 loan helped a member to increase his working capital and buy lots of shoes for resale.
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