He sold clothes (hand towels, sheets, tablecloths, bedcovers) in the central market of Bujumbura. He lost merchandise valued at 5,000,000 ($3,205.18).
He would like to develop towards imports and he was preparing his marriage. These projects are stopped.
With the Kiva loan that he receives, he is going to reconstitute his capital by buying clothes (hand towels, tablecloths, bedspreads...) to resell to continue to make a living.
Il faisait le commerce des habits (essuie-mains, draps, nappes, couvre-lits) au marché central de Bujumbura. Il a perdu des marchandises d’une valeur de 5000000(3205,18 $).
Il voudrait évoluer vers le commerce d’importation et il préparait son mariage. Ces projets sont arrêtés.
Avec le crédit KIVA qu’il obtient, il va reconstituer son capital en achetant des habits (essuie-mains, nappes, couvre-lits,…) à revendre pour continuer de 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