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Iyubake Group
In this Group: Jacqueline, Pétronie, Léonie, Evelyne, Salomon, Alphonsine, Consolate
Pétrone is part of the group Iyubake and lives in Gitega. She is 42 years old and married to Anaclet, a farmer. Together they have seven children, from 6 to 20 years old. Six of the children are students.

Pétrone has been doing commerce in cassava flour and cornmeal for three years.

She is on her 12th loan at Turame. With the KIVA loan she is obtaining, she is going to increase her capital and purchase a large amount of dried cassava to process into flour, so as to earn more from her sales.
View original language description ↓
Pétrone fait partie du groupe Iyubake et habite à Gitega. Elle a 42 ans et mariée à Anaclet, un agriculteur. Ensemble ils ont 7enfants âgés de 6 à 20 ans, dont 6 étudient.

Elle fait le commerce de farine de manioc et de maïs depuis 3 ans.

Elle est à son douzième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capitale et acheter une grande quantité de manioc sec à transformer en farine, à revendre pour de gagner plus.

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.

Tags

About Burundi

  • $600
    Average annual income
  • 21
    View loans »
    Burundi Loans Fundraising
  • $4,424,575
    Funds lent in using Kiva
  • 1,535.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Iyubake Group's $3,150 loan helped a member to purchase a large amount of dried cassava to process into flour, so as to earn more.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2013
Listed
Sep 13, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014