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Shima Ii Group
In this Group: Michel, Sara, Stephanie, Celestine, Lea
Michel is a member of the Shima II group and lives in Kayanza.He is 36 and married to Césarée, who sells drinks in her café. Together they have 6 children of which 3 attend primary school. The children are between the ages of 7 and 13.
He has run a spare parts business for 3 years (pedals, handlebars, mud guards...)
This is his second loan from Turame.With the Kiva credit that he requests, he will increase his capital and buy many spare parts (pedals, handlebars, mud guards...) for resale in order to earn more.
Over the next few years he would like to buy a motorbike, a car, and a plot of land.
Michel fait partie du groupe Shima II et habite à Kayanza. Il a 36 ans et est marié à Césarée, commerçante de boissons dans son bistrot. Ensemble ils ont 6 enfants dont 3 étudient à l’école primaire. Les enfants sont âgés de 7 à 13 ans.
Il fait le commerce de pièces de rechange (pédales, guidons, gardes- boue,…)
depuis 3 ans.

Il est à son dixième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup de pièces de rechanges (pédales, guidons, gardes -boue,…)à revendre,pour gagner plus.

Dans les prochaines années, il voudrait acheter une moto, une voiture et une parcelle.




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
  • 0
    View loans »
    Burundi Loans Fundraising
  • $4,189,475
    Funds lent in using Kiva
  • 1,392.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Shima Ii Group's $1,575 loan helped a member to increase his capital and purchase many spare parts (pedals, handlebars, mud guards...) for resale to earn more.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2012
Listed
May 6, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012