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Huruma 2 Group
In this Group: Mariam, Cecile, Belyse*, Amida, Abiba*, Furaha, Amina, Alima, Melanie, J Marie, Julienne, Pascal, Shabani, Richard*, Mwajuma, Hawa, Belyse, Tresor, Sifa, Andre, Aisha
* not pictured
Shabani is a 33-year-old merchant who lives in the Buyenzi district of the Municipality of Bujumbura. This is a tailor who has made clothing for 12 years. He started in this profession while he was in the trade of clothes. He completed his studies until his 7th year of secondary school. He is married to Feza and they have together 1 one-year-old child. The Kiva loan of 350,000 francs burundais that he will get will allow him to increase his capital in order to buy large quantities of fabric to make clothing in order to realize large profits. He is a member of the community group "HURUMA 2".
View original language description ↓
Shabani est un commerçant âgé de 33ans qui habite au Quartier Buyenzi de la Mairie de Bujumbura. C’est un tailleur qui confectionne les habits depuis 12ans. Il commence ce métier alors qu’il commerçant d’habits. Il a fait ses études jusqu’en 7e année secondaire. Il est marie a Feza et ont ensemble 1 enfant âgé de un an.
Le crédit Kiva de 350,000 francs burundais qu’il obtient lui permet d’augmenter son capital pour acheter de grandes quantités de tissus d’habits a confectionner afin de réaliser de grands bénéfices.

Il est membre du groupe communautaire« HURUMA 2»

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
  • 1
    View loans »
    Burundi Loans Fundraising
  • $4,189,475
    Funds lent in using Kiva
  • 1,218.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Huruma 2 Group's $3,825 loan helped a member to increase his capital to buy large quantities of fabric to make clothing in order to realize large profits.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2011
Listed
Nov 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 22, 2012