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Niyingabiye Group
In this Group: Juliette*, Gudura, Daniel, Immaculee, Beate, Joselyne, Mathilde, Evelyne, Pelagie, Nicolas, Petronie, Pelagie, M Rose, Bernadette, Divine, Come, Dorothee, Claudine, Seraphine, Pascasie, Gaudiose, Scholastique, Lydia, Celestin, Felicite, Eric, Spes Caritas, M Rose, Godelieve, M Therese, Therence, M Pulcherie, Adeline
* not pictured
Daniel is a 62-year-old merchant who lives in Mugutu, Gitega Province, in the center of the country. He's been selling locally made beer for 26 years. When he started this business, he was a farm supervisor.

He attended elementary school up to the fourth grade. He's married to Angèle, and together they have five children, out of whom three are studying.

He's seeking a loan of BFI 120'000 to bolster his working capital and purchase large quantities of local beer for resale, in order to turn a big profit.

He's a member of Niyingabiye Group.
View original language description ↓
Daniel est un commerçant âgé de 62ans qui habite la localité de Mugutu de la Province de Gitega au centre du pays. Il fait le commerce de la bière locale depuis 26ans. Il commence cette activité alors qu’il était encadreur agricole. Il a fait ses études jusqu’en 4e année primaire. Il est marié a Angèle et ont ensemble 5 enfants dont 3 étudient.
Le crédit Kiva de 120,000 francs burundais qu’il obtient lui permet d’augmenter son capital pour acheter de grandes quantités de bière locale à revendre afin de réaliser de grands bénéfices.

Il est membre du groupe communautaire« NIYINGABIYE»

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
  • 3
    View loans »
    Burundi Loans Fundraising
  • $4,185,100
    Funds lent in using Kiva
  • 1,212.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Niyingabiye Group's $2,650 loan helped a member to buy large quantities of local beer for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2011
Listed
Oct 20, 2011
Currency Exchange Loss:
Possible
Ended:
May 22, 2012