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Turaje Group
In this Group: Methode, Rosalie, Marie*, Seraphine, Concilie, Cesarie, Rosette, Caritas, Bernardine*, Yvette, Marie, Cecile, Anastasie, Helene*, Lea Rebecca, Diane, Marceline*, Judith, Esperance*, Emmanuelie, M Floride, Datiliva, Diane, Eliane, Prisca, Jeannette, M Goreth, Godefilde, Virginie, Elisabeth, Yvette, Emmanuelie, Cylenie, Constantin, Emelienne, Esperance, Esperance
* not pictured
Concilie, aged 42 years, is a merchant who lives in the town of Kibimba, in the province of Gitega, in the center of the country. She has been in the business of selling local beer for 28 years. She is also a farmer. She has had enough schooling to be able to read. She is married to Melchiade, a mason, and together they have 5 children who attend school.
The Kiva loan of 100,000 Burundi francs that she will get will increase her working capital and allow her to buy large quantities of local beer to sell in order to make good profits.
She is a member of the community group “Turaje.”
View original language description ↓
Concilie est une commerçante âgée de 42ans qui habite la localité de Kibimba de la Province de Gitega au centre du pays. Elle fait le commerce de la bière locale depuis 28ans. Elle est aussi cultivatrice. Elle a fait ses études jusqu’au niveau de l’alphabétisation. Elle est mariée a Melchiade ; un maçon et ont ensemble 5 enfants qui étudient.
Le crédit Kiva de 100,000 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.

Elle est membre du groupe communautaire« Turaje»

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
  • 15
    View loans »
    Burundi Loans Fundraising
  • $4,142,400
    Funds lent in using Kiva
  • 1,218.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Turaje Group's $3,900 loan helped a member to buy large quantities of local beer to sell in order to make good profits.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2011
Listed
Oct 27, 2011
Currency Exchange Loss:
Possible
Ended:
May 22, 2012