Francoise is a member of the Duterimbere I group and lives in Gitega. She is 41 years old and is married to Jean, a porter. Together, they have eight children, aged from 1 to 21 years old. Six of the children go to school.
Francoise has been selling flour for 11 years. She is on her 19th loan with Turame. With this Kiva-financed loan, she is going to increase her capital and buy a large quantity of flour to resell and earn more.
The earnings from this commerce will allow her to meet the needs of her family: food, clothing, and to pay the children's school fees.
Françoise fait partie du groupe Duterimbere I et habite à Gitega. Elle a 41 ans et est mariée à Jean, un commissionnaire. Ensemble ils ont 8 enfants, âgés de 1 à 21, dont 6 étudient.
Elle fait le commerce de farine depuis 11 ans.
Elle est à son dix-neuvième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité de farine à revendre pour gagner plus.
Le gain de son commerce, lui permet de satisfaire les besoins de sa famille : se nourrir, se vêtir, payer les frais scolaires des enfants.
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.