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Tureme 1 Group
In this Group: Denise, Esperance, Mediatrice, Sakina, Tausi, Elodie, Justine, Jeanne, Imelde
Denise, aged 46, is a merchant who lives in the Kamenge de la Mairie district of the city of Bujumbura. She has been in the business of selling grocery products (Fanta, rice, beans, oil) for 11 years. She is also a farmer. She attended school until the fifth year of primary school. She is a widow with four children who attend school.

The Kiva loan of 300,000 Burundi francs will increase her working capital and allow her to buy large quantities of grocery products (Fanta, rice, beans, oil) to sell in order to make good profits and therefore increase her savings.

She is a member of the community group "TUREME 1."
View original language description ↓
Denise est une commerçante âgée de 46ans qui habite au Quartier Kamenge de la Mairie de la Ville de Bujumbura. Elle fait le commerce de produits alimentaires (fanta, riz, haricot, huile) depuis 11ans. Elle est aussi cultivatrice. Elle a fait ses études jusqu’en 5e année primaire. Elle est veuve avec 4 enfants qui étudient.
Le crédit Kiva de 300,000 francs burundais qu’elle obtient lui permet d’augmenter son capital pour acheter de grandes quantités de produits alimentaires ( fanta, riz, haricot, huile) à revendre afin de réaliser de grands bénéfices et ainsi accroitre ses économies.

Elle est membre du groupe communautaire« TUREME 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
  • 1,218.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tureme 1 Group's $2,650 loan helped a member to buy large quantities of grocery products (Fanta, rice, beans, oil) to sell in order to make good profits and therefore increase her savings.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2011
Listed
Oct 26, 2011
Currency Exchange Loss:
Possible
Ended:
May 22, 2012