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Ntumpemukire Group
In this Group: Appolonie, Marie, Esperance, Joselyne, Mwanaidi, Miriam, Charles, Leopold, Yvette, Yusuf, Mariam, Divine, Albertine, Liduine, Veraste, Rosalie, Francoise, Furaha, Alima, Therese, Patrice, Pascaline*, Odette, Appoline, Nadine*, Felicien, Amissa, Emmanuel, Amida*, Cesalie, Perpetue
* not pictured
Charles is a small-scale retailer of 41 who lives in the district called "Quartier Kinama de la Mairie" in Bujumbura. he has been selling potatoes for six years. He began this business after having completed the 10th grade of secondary school. He is married to Joselyne and they have six children; five of them are enrolled in school.

The Kiva loan of 300,000 Burundi francs that he is receiving will permit him to grow his working capital so as to buy a lot of potatoes. He buys them from markets in the interior of the country and resells them, making a good profit.

He is a member of the community group « Ntumpemukire».
View original language description ↓
Charles est un commerçant âgé de 41ans qui habite au Quartier Kinama de la Mairie de Bujumbura. Il vend des pommes de terre depuis 6 ans. Il commence cette activite apres avoir termine ses études jusqu’en 10e année secondaire. Il est marie a Joselyne et ont ensemble 6 enfants dont 5 étudient.
Le crédit Kiva de 300,000 francs burundais qu’il obtient lui permet d’augmenter son capital pour acheter beaucoup de pommes de terre dont il fait ses approvisionnements dans les marches de l’intérieur du pays et les revendre afin de réaliser de grands bénéfices.

Il est membre du groupe communautaire« Ntumpemukire»

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
  • 5
    View loans »
    Burundi Loans Fundraising
  • $4,185,100
    Funds lent in using Kiva
  • 1,222.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ntumpemukire Group's $4,750 loan helped a member to buy a lot of potatoes for resale.
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:
Jun 19, 2012