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Amani Group
In this Group: Marguerite, Christine, Micheline, Soudane, Suwa, Ernest
Ernest is a member of the Amani group and lives in Bujumbura. He is 45 years old and married to Judith, a government employee. Together they have 7 children, ages 4 to 20. All their children attend school.

Ernest has been selling rice, beans, palm oil, sugar etc. in a shop for the past 25 years.

This is his fifth loan with Turame. With his Kiva loan, he will increase his capital and buy many goods that he will resell in his shop (rice, beans, palm oil, sugar etc.), in order to make more money.

In the coming years, he would like to buy his own plot of land and see his children graduate from school.
View original language description ↓
Ernest fait partie du groupe Amani et habite à Bujumbura.Il a 45 ans et est marié à Judith, fonctionnaire de l’Etat. Ensemble ils ont 7 enfants, âgés de 4 à 20 ans, tous étudient.

Il fait le commerce de boutique(riz,haricot,huile de palme,sucre,...) depuis 25ans.

Il est à son cinquième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup d'articles de sa boutique (riz,haricot,huile de palme,sucre,...), à revendre pour gagner plus.

Dans les prochaines années, il voudrait acheter sa propre parcelle et voir ses enfants terminer les études.

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
  • 11
    View loans »
    Burundi Loans Fundraising
  • $4,290,975
    Funds lent in using Kiva
  • 1,390.0
    Burundi Francs (BIF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Amani Group's $2,700 loan helped a member to buy many goods for his shop (rice, beans, palm oil, sugar...) for resale.
99% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 31, 2012
Listed
Jun 11, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 20, 2013