Rose is a 62-year old vendor living in the village of Kwibuka in the Province of Gitega in the center of the country. She has been selling miscellaneous items (beans, rice palm oil, soap, fuel, cookies etc) for 30 years, a business she launched back when she was also doing farm work. She did not go to school. She is married to a man by the name of David. They have 10 children together, four of whom are already married and all others study, [some] even at the university level. A Kiva loan of 250,000 Burundian francs will allow her to increase her work capital in order to buy a large stock of various goods (beans, rice palm oil, soap, fuel, cookies etc) to resell in her store and thus increase her revenue and grow her savings. She is a member of the Garukirabakenyezi Community group.
Rose est une commerçante âgée de 62ans qui habite la localité de Kwibuka de la Province de Gitega au centre du pays. Elle vend des articles divers dans sa boutique (haricot, riz, huile de palme, savon, pétrole, biscuits,…) depuis 30 ans, un métier qu’elle commence alors qu’elle était cultivatrice. Elle n’a pas fréquenté l’école. Elle est mariée a David et ont ensemble 10 enfants dont 4 déjà maries et tous les autres étudient même a l’Université.
Le crédit Kiva de 250,000 francs burundais qu’elle obtient lui permet d’augmenter son capital pour acheter une grande quantité d’articles divers pour sa boutique( haricot, riz, huile de palme, savon, pétrole, biscuits,…) à revendre afin de réaliser de grands bénéfices et accroitre ses économies.
Elle est membre du groupe communautaire« GARUKIRABAKENYEZI»
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.