Gamaliel used to do commerce in a variety of goods (packs of water, tomatoes, salt., …) at the central market of Bujumbura. He lost his merchandise, valued at 2,700,00 FBU ($1,725.29). Because of this, his construction work has been interrupted.
With the KIVA loan he is obtaining, he is going to build back his capital by purchasing various goods (packs of water, tomatoes, salt,…) to resell, so as to earn his living.
Il a sous sa charge sa sœur qui étudie.
Il faisait le commerce des articles divers (sachet, tomates, sel,..) au marché central de Bujumbura. Il a perdu des marchandises d’une valeur de 2 700 000 FBU(1725,29 $).
De ce fait, ses travaux de construction sont interrompus.
Avec le crédit KIVA qu’il obtient, il va reconstituer son capital en achetant des articles divers (sachet, tomates, sel, ..) à revendre pour gagner sa vie.
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.
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Success!! The loan was 100% repaid