Check out some available loans that are similar to this one!
Shimika Group
In this Group: Concilie, Devote, Philippe, Frederique, Valerie, Angele
Philippe is part of the group Shimika. He lives in Ruyigi. He is 40 years old and married to Leocadie, a farmer. Together they have seven children, of whom four are in school.

Philippe has been a storekeeper (rice, beer, beans, …) for fourteen years.

He is on his eighth loan with Turame. With the KIVA loan he is obtaining, he is going to increase his capital by expanding his offerings of goods he will buy for his store and earning more upon selling them.
View original language description ↓
Philippe fait partie du groupe Shimika et habite à Ruyigi.Il a 40 ans et est marié à Leocadie, cultivatrice. Ensemble ils ont 7 enfants, dont 4 étudient.

Il fait le commerce de boutique (riz, bière, haricot,…) depuis 14 ans.

Il est à son huitième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital en multipliant des articles, lors de l’achat des produits de sa boutique, pour gagner plus, au moment de la revente.

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
  • 1
    View loans »
    Burundi Loans Fundraising
  • $4,549,375
    Funds lent in using Kiva
  • 1,292.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Shimika Group's $3,950 loan helped a member to expand his offerings in his store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Mar 22, 2012
Apr 22, 2012
Currency Exchange Loss:
Feb 15, 2013