Godefride is a 40-year-old trader who lives in Gatumba, in Bujumbura. She has been selling commercial beer for 17 years. Before starting this business, she used to sell palm oil. Godefride did not attend school. She is a widow and has five children. Two of her children are married and three are in school.
Godefride will use her Kiva loan for 250,000 Burundian francs to increase her capital and buy large quantities of local beer for resale. This will make her good profits and she will increase her savings.
Godefride is a member of the 'Niyonkuru 2' community bank.
Godefride est une commerçante âgée de 40ans qui habite la Commune de Gatumba en Mairie de la Ville de Bujumbura. Elle vend de la bière industrielle depuis 17 ans. Elle vendait l’huile de palme avant de commencer cette activité. Elle n’a pas fréquenté l’école. Elle est veuve et mère de 5enfants dont 2 maries et 3 autres étudient.
Le crédit Kiva de 250,000 francs burundais qu’elle obtient lui permet d’augmenter son capital pour acheter de grandes quantités de bière locale à revendre afin de réaliser de grands bénéfices et ainsi accroitre ses économies.
Elle est membre du groupe communautaire« NIYONKURU 2»
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.