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Izigirwa Group
In this Group: Paulette, Esperance, Melanie, Diane, Anatolie, Nasla
Esperance is part of the group Izigirwa. She lives in Gitega, and she is 40 years old and married to Simon, a merchant. Together they have five children, of whom four are students in primary school.

Esperance has had a store (rice, beans, soap, salt, …) for fifteen years.

She is on her fifth loan with Turame. With the KIVA loan she is obtaining, she will increase her capital and buy new products for her store in order to earn more upon reselling them.

The profits from her business enabled her to buy a plot of land and build a house. Also, the profits ensure that the family's food intake and the children's schooling costs are covered.
View original language description ↓
Esperance fait partie du groupe Izigirwa et elle habite à Gitega. Elle a 40 ans et est mariée à Simon, un commerçant. Ensemble ils ont 5 enfants, dont 4 étudient à l’école primaire.

Elle fait le commerce de boutique (riz, haricot, savon, sel,…) depuis 15 ans.

Elle est à son cinquième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter de nouveaux produits de sa boutique, pour gagner plus lors de la revente.

Les bénéfices du commerce lui ont permis d’acheter une parcelle et de construire une maison. Ils assurent aussi la ration alimentaire de la famille et les frais scolaires des 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

  • $600
    Average annual income
  • 1
    View loans »
    Burundi Loans Fundraising
  • $4,281,900
    Funds lent in using Kiva
  • 1,292.0
    Burundi Francs (BIF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Izigirwa Group's $2,725 loan helped a member to buy new products for her shop.
97% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2012
Listed
Apr 24, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013