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Espoir Group
In this Group: Libérate, Générose, Evariste, Gloriose, Alexis, Cécile
Libérate is part of the Espoir (Hope) group and lives in Bujumbura. She is married to Desire, an electrician, with whom she had six children aged 9 to 20 years, all attending school.

She has been in the charcoal retail business for the past 15 years.

She is on her fourth credit loan with Turame. Once the KIVA loan is obtained, she will increase her capital and buy a large amount of charcoal for resale so as to earn more.

In coming years, she would like to further her children's development through education.
View original language description ↓
Libérate fait partie du groupe Espoir et habite à Bujumbura. Elle est mariée à Désiré un électricien. Ensemble ils sont 6 enfants âgés de 9 à 20 ans, tous étudient.

Elle fait le commerce du charbon de bois depuis 15 ans.

Elle est à son quatrième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité de charbon de bois à revendre pour gagner plus.

Dans les prochaines années, elle voudrait continuer à scolariser ses enfants pour qu’ils se développent.



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
  • 20
    View loans »
    Burundi Loans Fundraising
  • $4,421,000
    Funds lent in using Kiva
  • 1,560.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Espoir Group's $3,075 loan helped a member increase her capital and buy a large quantity of charcoal for resale so as to earn more.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2013
Listed
Mar 25, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014