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Niyomwizero Group
In this Group: Véronique, Innocent, Pascasie
Véronique is part of the Niyomwizero group and is one of the victims of the fire at the central market in Bujumbura. She is a client of Turame.

She lives in Bujumbura. She is married to Fabian, and takes care of five children attending school and two adults.

She sold clothes at the central market in Bujumbura, where she lost 600000 Fbu ($ 383.39) worth of goods in the fire. She intended to buy a plot of land to serve as collateral for large loan amounts.

With the credit loan obtained from KIVA , she will replenish her capital by buying clothes to sell.
View original language description ↓
Véronique fait partie du groupe Niyomwizero et est une des victimes de l’incendie du marché central de Bujumbura.Elle est cliente de Turame. Elle habite à Bujumbura. Elle est mariée à Fabien.
Elle prend soin de 5enfants qui étudient et 2 personnes adultes.

Elle faisait le commerce des habits au marché centrale de Bujumbura. Elle a perdu des marchandises d’une valeur de 600000Fbu (383,39$) par l’incendie.

Elle comptait acheter une parcelle pour servir de garantie aux crédits de gros montants.

Avec le crédit KIVA qu’elle obtient, elle va reconstituer son capital en achetant des habits à revendre.


Additional Information

More information about this loan

This borrower was directly impacted by the recent fire at the Bujumbura Central Market in Burundi. Many people lost everything. Accordingly, Turame Community Finance is postposing repayment on existing loans for some of its clients affected by the fire, and is offering them additional capital to relaunch their businesses. Because these clients will be rebuilding from the ground up during a period of economic stress, these loans may carry additional risk. 

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
  • 21
    View loans »
    Burundi Loans Fundraising
  • $4,424,575
    Funds lent in using Kiva
  • 1,565.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Niyomwizero Group's $1,675 loan helped a member replenish her capital by buying clothes to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 26, 2015