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Horimbere Group
In this Group: Lucie, Emmanuel, Rachel
Emmanuel is part of the group called Horimbere and lives in Bujumbura. He is 56 years old and married to Jeanne, a petty trader. Together they have 10 children aged 10 to 29 years old. He is also raising two children from his extended family; these children are enrolled in school. He has been selling chemical fertilizer, lemonade, and flour for eight years.

Emmanuel is on his seventh loan with Turame. With the Kiva loan he receives, he will grow his capital and buy a large quantity of flour, chemical fertilizer, and lemonade to resell so as to earn more.

In the coming years, he would like to get into a modern livestock-raising business, build a house, and see his children studying.
View original language description ↓
Emmanuel fait partie du groupe Horimbere et habite à Bujumbura. Il a 56 ans et est marié à Jeanne, une commerçante. Ensemble ils ont 10 enfants âgés de 10 à 29 ans.
Il a sous sa charge 2 enfants membres de sa famille élargie. Ces enfants étudient.

Il fait le commerce des engrais chimiques, de la limonade, de la farine,... depuis 8 ans.

Il est à son septième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter une grande quantité de farine, d’engrais chimique, de la limonade, à revendre pour gagner plus.

Dans les prochaines années, il voudrait faire un projet d’agro-élevage moderne, construire une maison 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
  • 6
    View loans »
    Burundi Loans Fundraising
  • $4,185,100
    Funds lent in using Kiva
  • 1,538.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Horimbere Group's $2,725 loan helped a member to buy a large quantity of flour, fertilizer, and lemonade to resell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2013
Listed
Jul 7, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014