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La Fontaine 1 Group
In this Group: Germaine, Assumini, Amida, Anastasie, Kimanda, Johari, Mwajuma, Adidja, Francine, Amina, Zawadi, Amina, Juliette, Safi, Assumini, Hidaya, Joha, Asiya, Abubakari, Salama, Amida, Adidja
Francine is a 50-year-old saleswoman who lives in Kibenga, in the province of Bujumbura Mairie. She stayed in school until the second level of higher education, studying General Humanities with a minor in Modern Literature. She previously worked as a wholesaler, distributing items like biscuits, sweets, shoes and cosmetics to shops, before starting her current business selling "pagnes" (traditional sarong-like clothing) 6 years ago. She is married to Antoine, a chauffeur, and the couple have 7 children, 4 of whom go to school. She is also raising 4 orphans, two of whom have no biological ties to the family.

The loan of 290 000 Burundese francs will increase her working capital and will be used to buy a large number of pagnes to resell to her female clientele at a good profit.

Francine is a member of the "La Fontaine 1" community group.
Francine est une commerçante âgée de 50ans qui habite au quartier Kibenga de la Mairie de Bujumbura.Elle vend des pagnes pour femmes depuis 6ans. Elle était vendeuse grossiste pour divers articles de boutique(biscuits,bonbons,souliers, produits cosmétiques, etc)avant de commencer le métier actuel. Elle a fait ses études jusqu’en 2e année du cycle supérieur en Humanités générales ;option lettres modernes. Elle est mariée a Antoine qui est chauffeur et ont ensemble 7 enfants dont 4 qui étudient. Elle prend en charge 4 orphelins dont 2 n’ont aucune relation parentale avec la famille.

Le crédit Kiva de 290,000 francs burundais qu’elle obtient lui permet d’augmenter son capital et acheter beaucoup de pagnes pour femmes à revendre afin de réaliser de grands bénéfices.

Elle est membre du groupe communautaire« La Fontaine 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

  • $600
    Average annual income
  • 11
    View loans »
    Burundi Loans Fundraising
  • $4,290,975
    Funds lent in using Kiva
  • 1,220.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of La Fontaine 1 Group's $4,900 loan helped a member to buy a large number of pagnes to resell at a good profit.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2011
Listed
Sep 27, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 19, 2012