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Abadahemana Group
In this Group: Jeanine*, Joel, Claudine*, Joselyne, Mariane*, Beatrice, Febronie, Pascasie*, Beatrice*, Faustine, Tharcisse, Romain, M Paula*, Raphael, Esperance, Vianney, Immaculee, Languide, Jeanine, Odette, Consolate, M Louise, Spes, Seraphine, Rhode, Rose, Bernadette, Marie, Maxime, Pascasie
* not pictured
Tharcisse is a 40-year-old storekeeper who lives in Nyamugari, in the province of Gitega in the center of the country. He has been selling used shoes for 23 years. He started the business when he left school after 6 years of schooling. He is married to Gloriose and they have five children together who are all in school.
The Kiva loan of 400,000 francs will help him to increase his capital to purchase a large quantity of used shoes (secondhand) in order to resell them at a high return and to increase his savings.

He is a member of the community group, "Abadahemana."
View original language description ↓
Tharcisse est un commerçant âgé de 40ans qui habite la localité de Nyamugari de la Province de Gitega au centre du pays. Il fait le commerce de souliers usagers depuis 23 ans. Il commence ce métier des sa sortie d’école qu’il a fait jusqu’en 6e année primaire. Il est marie a Gloriose et ont ensemble 5enfants qui sont tous a l’école.
Le crédit Kiva de 400,000 francs burundais qu’il obtient lui permet d’augmenter son capital pour acheter beaucoup de souliers usagers (de seconde main) à revendre afin de réaliser de grands bénéfices et accroitre ses économies.

Il est membre du groupe communautaire« Abadahemana»

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
  • 25
    View loans »
    Burundi Loans Fundraising
  • $4,437,600
    Funds lent in using Kiva
  • 1,223.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Abadahemana Group's $3,525 loan helped a member to increase the group's capital to purchase a large quantity of used shoes (secondhand) in order to resell them at a high return.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 22, 2012