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Mutabazi Group
In this Group: Oscar, Bahati, Ruhuna, Aline, Ndasu, Bahati, Marc, Annociate, Mertus, Tabu, Hawa, Kabura, Scholastique, Skitu, Sifa, Cyprien, Espérance
Oscar is part of a group called Mutabazi and lives in Rumonge. He is 37 and married to Anastasie, a farmer. Together they have four children, aged from 4 to 11 years.

He has been running a general store selling soap, salt, palm oil, etc. for 15 years. He is on his second loan from Turame. With the Kiva loan that he hopes to receive, he will grow his working capital and buy a large quantity of items for his store (soap, salt, palm oil, etc.) for resale so he can earn more.

In the years to come, he would like to see his children continue their studies and lead joyful lives.
View original language description ↓
Oscar fait partie du groupe Mutabazi et habite à Rumonge. Il a 37 ans et est marié à Anastasie, une cultivatrice. Ensemble ils ont 4 enfants, âgés de 4 à 11 ans.

Il fait le commerce de boutique (savon, sel, huile de palme,…) depuis 15 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 (savon, sel, huile de palme,…) à revendre pour gagner plus.

Dans les années à venir il voudrait que ses enfants continuent les études et mènent joyeuse vie.


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
  • 4
    View loans »
    Burundi Loans Fundraising
  • $4,116,725
    Funds lent in using Kiva
  • 1,539.9
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mutabazi Group's $2,575 loan helped a member to buy a large quantity of soap, salt, palm oil, etc. to sell in his shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2013
Listed
Jul 11, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014