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Abakozi Group
In this Group: Jacqueline, Anastasie, Isidonie, Salome, Jeanine
Anastasie is a member of the Abakozi group and lives in Gitega. She is a 56 year old widow. She has 5 children, 4 of whom are still in school. One is in primary school, and the three others in secondary school. The children are aged from 5 to 25. She has been a restaurant trader for the last two years. She is on her ninth loan with Turame. With the KIVA credit she is applying for, she will increase her stock of goods, buying non perishable products for her restaurant. She will build up a stock. These products will be cooked and sold progressively to her customers. The profits from her business allow her to feed her children.
View original language description ↓
Anastasie fait partie du groupe Abakozi et habite à Gitega. C’est une veuve de 56 ans. Elle a 5 enfants, dont 4 étudient. Un enfant est à l’école primaire et les trois autres à l’école secondaire. Ils sont âgés de 5 à 25ans.

Elle fait le commerce de restaurant depuis 2 ans.

Elle est à son neuvième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter des produits non périssables pour son restaurant.
Elle va constituer un stock. Ces produits seront revendus cuits aux clients de façon progressive.

Les bénéfices de son commerce lui permettent de nourrir ses enfants.



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
  • 1
    View loans »
    Burundi Loans Fundraising
  • $3,965,800
    Funds lent in using Kiva
  • 1,283.0
    Burundi Francs (BIF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Abakozi Group's $2,750 loan helped a member to purchase non-perishable supplies for her restaurant. They will be resold, cooked, to customers.
97% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2012
Listed
Apr 18, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012