Gaudence is a member of the Bumwe group and she lives in Gitega. She is 45 years old and married to Aloys, who works in retail. Gaudence and Aloys have four children, aged 6 to 19, who all go to school.
Gaudence has been selling bananas for 20 years.
She is on her eleventh loan with Turame. With the loan that she is receiving from KIVA, she will increase her capital and buy a large quantity of bananas to resell and make more money.
Gaudence fait partie du groupe Bumwe et habite à Gitega. Elle a 45 ans et est mariée à Aloys, un commerçant. Ensemble ils ont 4 enfants, âgés de 6 à 19 ans, tous étudient.
Elle fait le commerce de bananes depuis 20 ans.
Elle est à son onzième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité de bananes à revendre pour gagner plus.
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.