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Ubumenyi Group
In this Group: Paulette, Justine, Pelagie, Zacharie, Laurence*, Dorothee, Chantal, Jacqueline , Virginie, Dismas, Graciose, Daphrose, Gaudence, Venantie, Gelase, Esperance*, Pelagie, Felicite, Jacqueline, Capitoline, Leonie, Georgette, Consolate, Josephine, Violette, Jacqueline, Suavis, Marie
* not pictured
Graciose is a 33-year-old merchant living in Rutegama, a village in the province of Muramvya in central Burundi. She has been selling for 15 years local beer made from bananas and sorghum. She is also a farmer. She attended elementary school until sixth grade. She is married to Celison. Together they have three children, with two of them attending elementary school.

Graciose will use her loan share of 140,000 Burundi francs provided through Kiva to increase her working capital and buy a large quantity of local banana and sorghum beer for resale. She expects to make a good profit.

Graciose is a member of Ubumenyi Community Group.
View original language description ↓
Graciose est une commerçante âgée de 33ans qui habite la localité de Rutegama de la Province de Muramvya au centre du pays. Elle fait le commerce de la bière locale de bananes et du sorgho depuis 15ans. Elle est aussi cultivatrice. Elle a fréquenté l’école jusqu’en 6e année primaire. Elle est mariée a Celison et ont ensemble 3 enfants dont 2 qui étudient a l’école primaire.
Le crédit Kiva de 140,000 francs burundais qu’elle obtient lui permet d’augmenter son capital pour acheter une grande quantité de bière locale de bananes et du sorgho à revendre afin de réaliser de grands bénéfices.

Elle est membre du groupe communautaire« UBUMENYI»

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
  • $4,189,475
    Funds lent in using Kiva
  • 1,222.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ubumenyi Group's $3,550 loan helped a member to increase her working capital and buy a large quantity of local banana and sorghum beer for resale in order to make a good profit.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2011
Listed
Sep 25, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 22, 2012