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Magnifique Group
In this Group: Rose, Selemani, Agnes, Dorine, Simon, Abdukarim, Christine, Mwamini
Rose belongs to the Magnifique group and lives in Bujumbura. She is unmarried and 34 years old.
She takes care of two children, both of whom are in school.
She has run a business selling clothes for 8 years.
She is on her seventh loan with Turame. With the Kiva loan she obtains, she is going to increase her capital and buy lots of clothing for resale in order to earn more.
In the coming years, she would like to build a house and see the children in her care continue their education.
Rose fait partie du groupe Magnifique et habite à Bujumbura. C’est un célibataire de 34 ans.
Elle prend soin de 2 enfants qui étudient.

Elle fait le commerce des habits depuis 8 ans.

Elle est à son septième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup d' habits à revendre pour gagner plus.

Dans les prochaines années, elle voudrait construire une maison et voir les enfants sous sa charge continuer leurs 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

  • $400
    Average annual income
  • 8
    View loans »
    Burundi Loans Fundraising
  • $4,036,350
    Funds lent in using Kiva
  • 1,407.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Magnifique Group's $3,150 loan helped a member to increase her capital and buy lots of clothing for resale in order to earn more.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2012
Listed
Jul 4, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013