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Kanura I Group
In this Group: Therence, Juvenal, Esperance, Jean, Moise
Therence is part of the Kanura I group, and lives in Kayanza. He is 45 years of age and married to Sabine, a farmer. Together they have six children, four of whom study (two in elementary school and two in high school). The children are aged between 4 and 13.
For the past 25 years Therence has worked selling clothing.
This is his third loan with Turame. He plans to use the money to expand his business and buy a lot of clothes to sell, therefore earning more money.
Over the coming years Therence would like to build his own house and buy a car.
View original language description ↓
Therence fait partie du groupe Kanura I et habite à Kayanza. Il a 45 ans et est marié à Sabine, cultivatrice. Ensemble ils ont 6 enfants, dont 4 étudient: deux àl’école primaire et deux autres au secondaire. Les enfants sont âgés de 4 à 13 ans.

Il fait le commerce d’habits depuis 25ans.

Il est à son troisième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup d'habits à revendre,afin de gagner plus .

Dans les prochaines années, il voudrait construire sa propre maison et acheter une voiture.

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
  • 1,368.0
    Burundi Francs (BIF) = $1 USD
Expired
A portion of Kanura I Group's $3,675 loan helped a member to expand his business and buy a lot of clothes to sell, therefore earning more money.
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2012
Listed
May 3, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 2, 2012