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Ubumwe Group
In this Group: Christine, Vénérand*, Ernest, Adelaide*, Athanase, Emmanuella, Eric*, Viator, Odette, Nestor, Sylvestre, Claver, Rémegie, Sévérin, Jacqueline, Léonard, Gilbert, Jean, Anitha*, Anicette, Yvette*, Béatrice, Nicodème, Jonas, Vital, Nestor, Florence, Vianey
* not pictured
Nestor belongs to the group Ubumwe and lives in Bujumbura. He is 53 years old and married to Jeanne, a farmer. Together they have four children, from 2 to 23 years old, who are all students.

Nestor has been doing commerce in clothing for five years. He is on his fourth Turame loan. With this KIVA loan he is obtaining, he is going to increase his capital and purchase a lot of clothing to resell, so as to earn more.

In the coming years, he would like to purchase a sewing machine and to see his children go to school.
View original language description ↓
Nestor fait partie du groupe Ubumwe et habite à Bujumbura. Il a 53 ans et est mariée à Jeanne, une cultivatrice. Ensemble ils ont 4 enfants, âgés de 2 à 23 ans, tous étudient.

Il fait le commerce des habits depuis 5 ans.

Il est à son quatrième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup d’habits à revendre, pour gagner plus.

Dans les prochaines années, il voudrait acheter une machine à coudre et voir ses enfants étudier.



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

  • $400
    Average annual income
  • 12
    View loans »
    Burundi Loans Fundraising
  • $4,036,350
    Funds lent in using Kiva
  • 1,560.9
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ubumwe Group's $3,075 loan helped a member to purchase a lot of clothing to resell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 2, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013