Bonaventure ran a small shop (selling sugar, shoes, etc.) at the central market in Bujumbura. He lost goods worth 800,000 FBU ($ 512.82) in the fire. With the loan he receives from KIVA, Bonaventure plans to increase his capital by purchasing items for his shop (sugar, shoes, etc.) that he will sell to continue earning his living.
Il faisait le commerce de boutique (sucre, chaussures,) au marché central de Bujumbura. Il a perdu des marchandises d’une valeur de 800 000 Fbu (512,82$) par l’incendie.
Avec le crédit KIVA qu’il obtient, il va augmenter son capital en achetant des articles de sa boutique (sucre, chaussures,…) 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.
This is a Group Loan
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Success!! The loan was 100% repaid