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Gumyumutima Group
In this Group: Consolate, Fides , Odette , Carifanie , Jeanine , Benigne , Claudine , Jeanine , Bernadette , Esperance, Joselyne , Suzane , Marie Annociate, Marie , Pascaline , Jacqueline, Desiree, Jeanine, Jeanne Spes, Annociate, Rose*, Jerome, Dieudonne, Aline, Souavis, Rose Beate, Consolate, Speciose, Elisabeth, Alice, Anastasie, Jenaidi*
* not pictured
Hope is a 32-year-old retail merchant who lives in the town of Gitega, part of the Province of Mutobo in the center of the country.

She has been retailing bananas for the past eight years, a trade she started when she was crop farming. She attended school up to the 6th grade. She is married to Prosper with whom she had three children, all under school age.

Kiva's credit loan of 120,000 Burundian francs will enable her to increase her capital and buy large quantities of bananas for retail sales, in order to realize large profits and increase her savings. She is a member of the Gumyumutima community group.
View original language description ↓
Espérance est une commerçante âgée de 32 ans qui habite la localité de Mutobo en Province de Gitega au centre du pays. Elle est vendeuse de bananes depuis 8ans, un métier qu’elle a commencé alors qu’elle était cultivatrice. Elle a fréquenté l’école jusqu’en 6 è année primaire. Elle est mariée à Prosper et ont ensemble 3 enfants qui n’ont encore atteint l’âge de scolarité.
Son crédit Kiva de 120,000 francs burundais qu’elle obtient va lui permettre d’augmenter son capital pour acheter une grande quantité de bananes à revendre afin de réaliser de grands bénéfices et accroitre ses économies
Elle est membre du groupe communautaire GUMYUMUTIMA

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
  • 4
    View loans »
    Burundi Loans Fundraising
  • $4,116,725
    Funds lent in using Kiva
  • 1,227.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gumyumutima Group's $3,400 loan helped a member increase her working capital to buy large quantities of bananas for retail sales in order to realize large profits and increase her savings.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 19, 2012