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Iwacu Group
In this Group: Emmanuel, Elie, Dévote, Pacifique, André, Théodosie, J M Vianey, Georgette, Célestin, Jean, Vincent, Vincent, Philippe, J D Dieu, Sauda, Sauda, Anastasie, A. Emmanueline, Estella, Anitha, Claudine, Esperance, Denise, Antoinette, Claudette, Alice, Anitha, Béatrice, Francine, Odette, Aline, Lucie, Emelyne, Marthe, Solange, Espérance, Emelyne, Fidèle, Aderie
Jean is a member of the Iwacu group and lives in Bubanza. He is 23 years old and married to Pétrone. He supports 2 people.

He sells pagnes [traditional cloth wraps] and has worked as a tailor for 10 years.

This is his first loan through Turame. With his Kiva loan, he will increase his capital and buy two sewing machines to serve more customers in order to make more money.

In the coming years, he would like to buy an embroidery machine.
View original language description ↓
Jean fait partie du groupe Iwacu et habite à Bubanza. Il a 23 ans et est marié à Pétrone.
Il a sous sa charge 2 personnes.

Il fait le commerce des pagnes et le métier de tailleur depuis 10 ans.

C’est son premier crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter 2 machines à coudre pour servir beaucoup de clients afin de gagner plus.

Dans les prochaines années, il voudrait acheter une machine à broder.



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
  • 5
    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 Iwacu Group's $3,775 loan helped a member to buy two sewing machines to serve many customers to earn more.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2013
Listed
Nov 21, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014