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Karorero Group
In this Group: Patricie, Odette, Rose, Gaudence, Julienne, Daniel, Emmanuel, Sylvie, Félicité, Beatrice, Claudette, Floride, Cornalie, Spès, Stéphanie, Gilbert, Consolate, Spelerie, Pascasie, Spès, Languide, Alivella, M Chantal, Claire, Scholastique, Donate, Annociate, Eugénie
Daniel is part of the Karorero group, and lives in Gitega. He is 55 years of age, and his wife is a farmer. Together they have nine children, aged between 14 and 33. Eight of their children are at school.

Daniel has worked buying and selling goats for 29 years, and this is his fifth loan with Turame. With the Kiva loan he obtains, he will increase his capital and buy lots of goats, which he will resell to earn more.
View original language description ↓
Daniel fait partie du groupe Karorero et habite à Gitega. Il a 55 ans et sa femme est cultivatrice. Ensemble ils ont 9 enfants, âgés de 14 à 33 ans, dont 8 étudient.

Il fait le commerce de chèvres depuis 29 ans.

Il est à son cinquième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup de chèvres à revendre pour gagner plus.

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
  • 1
    View loans »
    Burundi Loans Fundraising
  • $3,953,000
    Funds lent in using Kiva
  • 1,435.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Karorero Group's $2,450 loan helped a member to increase his capital and buy lots of goats, which he will resell to earn more.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2012
Listed
Sep 5, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013