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Umugisha Group
In this Group: David, Vianney, Constantin, J. Bosco, Aaron
Aaron, age 37, is a member of the group Umugisha and he lives in Gitega. He is married to Suavis, a farmer and merchant. They have three children aged 6 to11 who all go to school.

Aaron has been selling kitchen utensils (bowls, forks, plates, etc.) for 24 years.

This is his third loan cycle with Turame. He will use the credit to bolster his working capital and stock up on kitchen utensils for resale to boost his profits.
Aaron fait partie du groupe Umugisha et habite à Gitega. Il a 37 ans et est marié à Suavis, une cultivatrice et commerçante. Ensemble ils ont 3 enfants, âgés de 6 à 11ans, tous étudient.

Il fait le commerce d’ustensiles de cuisine (bassins, fourchettes, assiettes,…) depuis 24 ans.

Il est à son troisième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup d’ustensiles de cuisine (bassins, fourchettes, assiettes,…) 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

  • $600
    Average annual income
  • 22
    View loans »
    Burundi Loans Fundraising
  • $4,437,600
    Funds lent in using Kiva
  • 1,470.1
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Umugisha Group's $3,175 loan helped a member to bolster his working capital and stock up on kitchen utensils for resale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013