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Twubake Iii Group
In this Group: Glycine, Nonette
Glycine is part of Twubake III Group. She's one of the victims of the fire of the Central Market in Bujumbura. She's a client of Kiva's partner, Turame.

She lives in Bujumbura and is single. She has one 12-year-old child who go to school.

She used to sell dried fish at the Central Market in Bujumbura. She lost merchandise valued at BIF 3'000'000 (ca US$ 1920) in the fire.

With this Kiva loan, she will rebuild her working capital and buy fish to resell, in order to continue earning a living.
View original language description ↓
Glycine fait partie du groupe Twubake III et est une des victimes de l’incendie du marché central de Bujumbura. Elle est cliente de Turame. Elle habite à Bujumbura. Elle est célibataire.
Elle a un enfant de 12 ans,qui étudie.

Elle faisait le commerce de poissons secs au marché central de Bujumbura. Elle a perdu des marchandises d’une valeur de 3 000 000FBU (1923,11$) par l’incendie.

Avec le crédit KIVA qu’elle obtient, elle va reconstituer son capital en achetant des poissons à revendre pour continuer de gagner sa vie.




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
  • 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 Twubake Iii Group's $975 loan helped a member to buy fish to resell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2013
Listed
Mar 26, 2013
Currency Exchange Loss:
Possible
Ended:
May 20, 2014