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Kundane Group
In this Group: Gérard, Jacqueline, Jeanette, Anatholie, Marie, Bernadette, Nestor, Desideta, Francine, Dénise, Francine, Henrie, Alexis, Evelyne, Evelyne, Irène*, Nadine, Cécile, Emelyne, Hilde, Sylvie, Joséphine, Rahabu, Dévote, Patricie
* not pictured
Gérard is part of the group Kundane and lives in Cibitoke. He is 27 years old and married to Violette, a merchant. Together they have a 10-month-old child.

Gérard has been in business running a cafeteria (milk, bread, …) for eight years.

This is his first Turame loan. With the KIVA loan he is obtaining, he is going to increase his capital and purchase some milk to resell, so as to earn more.

In the coming years, he would like to establish a bistro and see his children educated.
View original language description ↓
Gérard fait partie du groupe Kundane et habite à Cibitoke. Il a 27 ans et est marié à Violette, un commerçante. Ensemble ils ont 1 enfant de 10 mois.

Il fait commerce de cafétéria(lait,pain,...) depuis 8 ans.

C’est son premier crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter du lait à revendre pour gagner plus.

Dans les années à venir, il voudrait mettre en place un bistrot 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.

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About Burundi

  • $400
    Average annual income
  • 3
    View loans »
    Burundi Loans Fundraising
  • $4,185,100
    Funds lent in using Kiva
  • 1,550.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kundane Group's $2,375 loan helped a member to purchase milk to resell, so as to earn more.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2013
Listed
Oct 29, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2014