Check out other loans that are currently fundraising!
Niterimbere Group
In this Group: Faustin, Joseph, Révocate, Concancia, J. Bosco, Yvette, Estella, Véronica, Spéciose, Juvenal, Adeline, Scholastique, Triphose, Pascasie, Godefride, Vitalia, Alvera, Diane, Violette*, Christine, Rénilde, Donavina, Jeanette, Adèle, Liberate, Petronie, Estella*, Odila, Angèle, Lyvanie*, A. Rosette, Emmanuelline*, Marciane, Isaac, Judith, Bernardine, Bèatrice, Adelaide, Daphrose, Adrienne, Mélanie, Rose, Vitalia, Emelyne, Capitoline
* not pictured
Faustin belongs to the Niterimbere group and lives in Bujumbura. He is a 22-year old single man and takes care of his brothers who are studying.

He has been selling palm nuts for making oil for the past three years and is on his second loan from Turame. With the loan from KIVA he is going to increase his capital and buy a large quantity of palm nuts for making oil, so he can earn more money.

In the coming years he would like to have a house and buy a vehicle.
View original language description ↓
Faustin fait partie du groupe Niterimbere et habite à Bujumbura. C’est un célibataire de 22 ans.
Il prend soin de ses petits frères qui étudient.

Il fait le commerce noix de palmier à huile 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 une grande quantité de noix de palmier à huile, à revendre pour gagner plus.

Dans les prochaines années, il voudrait avoir une maison et acheter un véhicule.

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
  • 19
    View loans »
    Burundi Loans Fundraising
  • $4,424,575
    Funds lent in using Kiva
  • 1,568.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Niterimbere Group's $2,875 loan helped a member to increase his capital and buy a large quantity of palm nuts for making oil that he can sell to earn more money.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 10, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013