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Karurama Group
In this Group: Esperance, Jacqueline, Antoinette, Remy, Alexandre
Rémy is a member of the Karurama group and lives in Cibitoke. He is 39 years old and is married to Elisabeth, a farmer. Together they have four children, aged 1 to 14; two of which go to school.

Rémy has been running a shop ([selling] rice, beans, palm oil...) for 4 years.

He is on his fifth loan with Turame. And with this Kiva-financed loan he's going to increase his capital and buy goods (rice, beans, palm oil,...) to resell for profit.

In the next few years, he would like to buy a plot of land and see his children go to school.
View original language description ↓
Rémy fait partie du groupe Karurama et habite à Cibitoke. Il a 39 ans et est marié à Elisabeth, un cultivateur. Ensemble ils ont 4 enfants, âgés de 1 à 14 ans, dont 2 étudient.

Il fait le commerce de boutique (riz, haricot, huile de palme,...) depuis 4 ans.

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,...) à revendre pour gagner plus.

Dans les prochaines années, il voudrait acheter une parcelle et voir ses enfants étudier.

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
  • $4,204,500
    Funds lent in using Kiva
  • 1,420.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Karurama Group's $2,750 loan helped a member to buy goods for his shop (rice, beans, palm oil,...) to resell for profit.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Sep 13, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2013