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Murwiza Group
In this Group: J Luc, François, Gervais, Espérance, Nelly, Juvénal, Julienne, Léonidas, Emmanuel, Laurent, Hélène, Marceline, P. Claver, Bernique, Pascal, Mariane, Odette, Chantal, Vénérand, Calixte, François, Bahati, Claudine, Solange, Modesienne
J. Luc is part of the Murwiza group, and lives in Bubanza. He is 39 years old and married to Olive. Together, they have four children, aged between one and twelve years old. Three of their children attend school.

J. Luc has been selling dried cassava for six years. This will be his first loan with the field partner, Turame. He will use his Kiva loan to increase his business capital, and buy a large quantity (200 kgs) of dried cassava for resale. In this way, J. Luc hopes to increase his earnings.

In the future, J. Luc would like to buy a plot of land, and see his children study.
View original language description ↓
J. Luc fait partie du groupe Murwiza et habite à Bubanza. Il a 39 ans et est marié à Olive. Ensemble ils ont 4 enfants âgés de 1 à 12 ans, dont 3 étudient.

Il fait le commerce de manioc sec depuis 6 ans.

C’est son premier crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter une grande quantité de manioc sec (200kg) à revendre pour gagner plus.

Dans les prochaines années, il voudrait acheter une parcelle 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.

Tags

About Burundi

  • $600
    Average annual income
  • 11
    View loans »
    Burundi Loans Fundraising
  • $4,290,975
    Funds lent in using Kiva
  • 1,550.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Murwiza Group's $2,425 loan helped a member to buy a large quantity (200kgs) of dried cassava, for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2013
Listed
Nov 26, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014