René de Dieu belongs to the Zinduka group and lives in Gitega. He is 31 years old and married to Evelyne, a farmer. They have three children together, ranging from one to seven years old; only one of the children is at school.
He has been carrying out his shop-selling business for the past five years and is on his tenth loan from Turame. With the KIVA loan he is being granted he is going to increase his capital and buy a large quantity of shop products (a case of Primus beer, lemonade, soap) to resell and make more money.
Thanks to the profit he makes from his business, he can feed his family and pay for his children's schooling.
René de Dieu fait partie du groupe Zinduka et habite à Gitega. Il a 31 ans et est marié à Evelyne, une cultivatrice. Ensemble ils ont 3 enfants, âgés de 1 à 7 ans, dont un seul étudie.
Il fait le commerce de boutique depuis 5 ans.
Il est à son dixième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup d’articles de boutique (caisse de bière Primus ,et de limonade, du savon,..) à revendre, pour gagner plus.
Grâce au gain de son commerce, il nourrit sa famille et paie les frais scolaires de ses enfants.
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.
A portion of Zinduka Group's $3,700 loan helped a member to increase his capital and buy a large quantity of shop products (a crate of Primus beer, lemonade, soap..) for resale, in order to make more money.