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Business Group
In this Group: Jacqueline, Caritas*, Espérance, Béatrice, A. Marie, Dieudonné, Acqueline, J. Marie, Désiré, Claude, J. Marie, Samuel, Joёl, Christine, Chantal, Aline, Chantal*, Nadine*, Jeanine*, Mwamba , Thérèse, Celestin, Nestor, Japhar, Séraphine, Léonidas, Yvette, Judith, Joha
* not pictured
The "Business" group has 29 members. Christine et Aline were not able to come the day the loan was granted; they are represented on the photo by their husbands, Patrick and Emile respectively.

Désiré is the Business group representative and lives in Bujumbura. He is single and 28 years old. He is responsible for a young, 20-year-old man who is studying. Désiré has been selling clothes for 10 years. This is his 3rd loan from Turame. His Kiva-sponsored loan will increase his capital and allow him to buy a lot of clothing for resale, so that he can earn more money. In the years to come, he would like to rebuild his assets, as he lost his possessions in a fire at the central market of Bujumbura.
Le groupe Business est composé de 29 membres. Christine et Aline étaient empêchées le jour de l'octroi du crédit.Sur la photo, elles ont été représentées par leurs maris respectifs:Patrick et Emile.

Désiré est le représentant du groupe Business et habite à Bujumbura. C’est un célibataire de 28 ans.

Il prend soins d’un jeune de 20 ans, qui étudie.

Il fait le commerce des habits depuis 10 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’habits à revendre pour gagner plus.

Dans les prochaines années, il voudrait d’abord reconstituer un nouveau capital, puisqu’il a perdu ses biens par l’incendie du marché central de Bujumbura.



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
  • 4
    View loans »
    Burundi Loans Fundraising
  • $4,116,725
    Funds lent in using Kiva
  • 1,547.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Business Group's $4,725 loan helped a member to buy a large amount of clothing for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Feb 27, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013