Célestin is a member of the Mubigazi group and lives in Bubanza. He is 30 years old and married to Esperance, a farmer. The couple have 4 children together, aged between 1 and 7, one of whom attends school. He is raising 4 other members (also students) of his extended family. He has been running a shop (selling items like batteries, sugar, candles and soap) for 5 years. This is his first loan from Turame. His Kiva-sponsored loan will increase his working capital and allow him to buy a lot of items for resale in his shop (batteries, sugar, candles, soap, etc.), so that he can earn more money. In the coming years, he would like to start importing his products from Uganda and to see his children get an education.
Célestin fait partie du groupe Mubigazi et habite à Bubanza. Il a 30 ans et est marié à Esperance. Une cultivatrice. Ensemble ils ont 4 enfants âgés de 1 à 7 ans, dont 1 étudie.
Il a sous sa charge 4 élèves membres de sa famille élargie.
Il fait le commerce de boutique (piles, sucre, bougies, savons…) depuis 5 ans.
C’est son premier crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup d’articles (piles,sucre, bougies, savons…) à revendre, pour gagner plus.
Dans les prochaines années, il voudrait importer ses produits de l’Ouganda et voir ses enfants étudier.
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.