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Twikenure 1 Group
In this Group: Halali, Madeleine, Pascasie, Jeanne, Aisha, Maneno, Adolphine, Agnes, Boniface, Speciose, Kisulu*, Asha, Renovat, Marie, Furaha, Louis, Assiya, Thadee, Samuel
* not pictured
Boniface is a 40 year-old shopkeeper who lives in the city hall district named Buyenzi. He sells hardware (padlocks, nails, junction-boxes, accessories for electric wiring) for 24 years. He studied until the 6th year of middle school. He is married to Françoise and has 5 children, 4 of them are going to middle school. The Kiva loan of 400 000 francs will allow him to increase his capital and to buy a lot of hardware to resell (padlock, nails, junction-boxes, accessories for electric wiring) and make big profits.
He is a member of the loan group "TWIKENURE 1".
View original language description ↓
Boniface est un commerçant âgé de 40ans qui habite au quartier Buyenzi de la Mairie de Bujumbura.Il fait le commerce des articles de quincaillerie(cadenas,clous,boites de dérivation pour fil électrique, accessoires pour installations électriques) depuis 24ans. Il a fait ses études jusqu’en 6e année primaire. Il est marie a Françoise et ont ensemble 5 enfants dont 4 étudient a l’école primaire.
Le crédit Kiva de 400,000 francs burundais qu’il obtient lui permet d’augmenter son capital et acheter beaucoup d’articles de quincaillerie (cadenas, clous, boites de dérivation pour fil électrique , accessoires pour installations électriques) à revendre afin de réaliser de grands bénéfices.

Il est membre du groupe communautaire« TWIKENURE 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
  • 5
    View loans »
    Burundi Loans Fundraising
  • $4,185,100
    Funds lent in using Kiva
  • 1,222.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Twikenure 1 Group's $3,950 loan helped a member to increase his capital and to buy a lot of hardware (padlock, nails, junction-boxes, accessories for electric wiring).
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2011
Listed
Sep 23, 2011
Currency Exchange Loss:
Possible
Ended:
May 22, 2012