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Amahoriwacu Group
In this Group: Béatrice, Thérèse, Béatrice, Jeanine, Justine, Régine, Scholastique, Marie, A. Marie, Souavis, Félicité, Spès, Noella, Anastasie, Mariam, Jeanine, Béatrice, Candide, Pélagie, W. Fride, A. Marie, Caritas, Léocadie, Gabriel, M. Rose, Pierrre, Marthe, Pascasie, Spès, Bernadette, Régine, Viola, Adelaïde, Fidès, Anne, Francine, Capitoline, S. Caritas, Marie, Claude, Agathe, Anastasie, Annociate, Rose, R. Paula
Pierre, a 43-year-old widower, lives in Gitega and is a member of the Amahoriwacu group. He has four children, aged 13 to 20, two of whom are in school.

He has been selling grocery products (rice, salt, soaps...) for the past four years.

Pierre is on his second loan with Turame. With this loan, received from KIVA, he will increase his capital and buy a large quantity of grocery products (rice, salt, soap) for resale in his shop. His goal is to earn more.

In the future, he would like to start selling fritters, on a retail basis, to his customers.
View original language description ↓
Pierre fait partie du groupe Amahoriwacu et habite à Gitega. C’est un veuf de 43 ans. Il a 4 enfants âgés de 13 à 20 ans dont 2 étudient.

Il fait le commerce de boutiques (riz, sel, savons,..) depuis 4 ans.

Il est à son deuxième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter une grande quantité d’articles de sa boutique (riz, sel, savon,…) à revendre, pour gagner plus.

Dans l’avenir, il voudrait introduire dans son commerce les beignets et en fournissant les clients détaillants.



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
  • 5
    View loans »
    Burundi Loans Fundraising
  • $4,116,725
    Funds lent in using Kiva
  • 1,574.5
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Amahoriwacu Group's $4,400 loan helped a member to increase his capital and buy a large quantity of grocery products (rice, salt, soap) for resale, to earn more.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2013
Listed
May 15, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013