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Munege Group
In this Group: Serges, Joёl, Anicet, Elie, Emile, Venant, Aloys, M. Goreth, Zabulon, Nephtalie, Richard, Tharcisse, Awulenti
Serges is part of Munege Group and lives in Rumonge. He's 32 years old and married to Emily, a cultivator. Together, they have four children, aged 1 to 8. One of them goes to school.

Serges has been a retailer (beans, rice, …) for twelve years and he is seeking his third loan from Kiva's partner, Turame.

He will use it to bolster his working capital and buy a large quantity of the products he sells in his shop (beans, rice, …), in order to increase his income.

In the forthcoming years, he would like to improve the place where he lives and see his children study.
View original language description ↓
Serges fait partie du groupe Munege et habite à Rumonge. Il a 32 ans et est marié à Emily, un cultivatrice. Ensemble ils ont 4 enfants, âgés de 1 à 8 ans, dont 1 étudie.

Il fait le commerce de boutique (haricot riz,…) depuis 12 ans.

Il est à son troisième 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 (haricot riz,…) à revendre pour gagner plus.

Dans les années à venir, il voudrait améliorer son logement 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
  • 0
    View loans »
    Burundi Loans Fundraising
  • $3,965,800
    Funds lent in using Kiva
  • 1,540.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Munege Group's $2,250 loan helped a member to buy a large quantity of products to sell in his shop (beans, rice, …).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2013
Listed
Jul 11, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013