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Muyange Group
In this Group: Léon, Emmanuel, Paul, Viola, Yvonne, J Bosco, Elie, Francine, Espérance, Emmanueline, Janvière, Gertrude, Paul, Charles, Zacharie, Béatrice, Elina, Modeste, Marie, Christine, Jeanne, Odette
Charles is part of the group Muyange and lives in Cibitoke. He is 46 years old and married to Julienne. Together they have four children, from 7 to 14 years old, of whom three are students.

Charles has been doing commerce in tomatoes for ten years.

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

In the coming years, he would like to renovate his house and see his children educated.
View original language description ↓
Charles fait partie du groupe Muyange et habite à Cibitoke. Il a 46 ans et est marié à Julienne. Ensemble ils ont 4 enfants âgés de 7 à 14 ans,dont 3 étudient.
Il a sous sa charge un enfant membre de la famille élargie, qui étudie.

Il fait le commerce de tomates depuis 10 ans.

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

Dans les prochaines années, il voudrait renouveler sa maison 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
  • 5
    View loans »
    Burundi Loans Fundraising
  • $4,185,100
    Funds lent in using Kiva
  • 1,549.5
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Muyange Group's $2,100 loan helped a member to purchase a lot of tomatoes to resell, so as to earn more.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2013
Listed
Nov 25, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014