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Magnifique Group
In this Group: Agnès, Rose, Celeman, Simon, Dorine, Christine, A. Karim, Mwamini*
* not pictured
Agnès is a member of the "Magnifique" group and she lives in Bujumbura. She is 35 years old and single. She has a 14-year-old child who attends school. She also takes care of two orphans, one of whom goes to school.

Agnès has been selling clothes for eight years.

This is her tenth loan with Turame. With this loan, received from Kiva, she will increase her capital and buy a large quantity of clothes for resale, in order to make more money.

In the coming years, she would like to become a wholesaler and make sure that her children go to school and manage to finish their studies.
View original language description ↓
Agnès fait partie du groupe Magnifique et habite à Bujumbura. C’est un célibataire de 35 ans.
Elle a un enfant de 14 ans, qui étudie. Elle a sous sa charge 2 orphelins dont 1 étudie.

Elle fait le commerce des habits depuis 8 ans.

Elle est à son dixième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup d’habits, à revendre pour gagner plus.

Dans les prochaines années, elle voudrait devenir une commerçante grossiste et que ses enfants étudient, et parviennent à terminer les études.

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
  • 17
    View loans »
    Burundi Loans Fundraising
  • $4,290,975
    Funds lent in using Kiva
  • 1,515.7
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Magnifique Group's $3,925 loan helped a member to increase her capital and buy a large quantity of clothes for resale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 2, 2013
Listed
Jan 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014