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Mwange Group
In this Group: Sylvie, Innocent, Berquie, Angelique, M. Louise, Riziki, Spès, Marguerite, Angeline, Evelyne, M. Rose, Florence, Evangeline, Anastasie, Stéphanie, Nowadiya, Agnès, Jeanette, Jeanette, Diane, Félix, Alice, Salvator, Audifax, M. Goreth
Innocent lives in Bujumbura and is a member of the Mwange group. He is 27 years old and single.

He has been selling palm oil for three years now.

He is on his second loan from Turame. With the KIVA loan that he obtains, he will increase his capital and buy 15 extra cans of palm oil, all of which he will resell in order to earn more money.

In the coming years, he would like to buy a parcel of land and build his own house.
View original language description ↓
Innocent fait partie du groupe Mwange et habite à Bujumbura. C' est un célibataire de 27 ans.

Il fait le commerce de l’huile de palme depuis 3 ans.

Il est à son deuxième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter quinze bidons supplémentaires de l’huile de palme;toute la quantité sera revendue, pour gagner plus.

Dans les prochaines années, il voudrait acheter une parcelle et construire sa propre maison.


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
  • 0
    View loans »
    Burundi Loans Fundraising
  • $4,281,900
    Funds lent in using Kiva
  • 1,470.5
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mwange Group's $3,950 loan helped a member to increase his capital and buy 15 extra cans of palm oil, all of which he will resell in order to earn more money.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2012
Listed
Nov 17, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013