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Ingabo Group
In this Group: Agathe, Rémy, P. Claver, Frédérique, Evariste
Agathe is part of the Ingabo group and lives in Bujumbura. She is 44 years old and is married to Jean, a merchant. Together they have five children aged 10 to 25 years, of whom four attend school.

She has been in the cement business for 20 years.

This is her fifth credit loan with Turame. Once she obtains the Kiva loan, she will increase her working capital and buy a lot of bags of cement for retail sales,to earn more.

In coming years, she would like to buy a plot of land and see to her children's education.
View original language description ↓
Agathe fait partie du groupe Ingabo et habite à Bujumbura. Elle a 44 et est mariée à Jean, un commerçant. Ensemble ils ont 5 enfants âgés de 10 à 25 ans, dont 4 étudient.

Elle fait le commerce de ciment depuis 20 ans.

Elle est à son cinquième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup de sacs de ciment à revendre pour gagner plus.

Dans les prochaines années, elle 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.

About Burundi

  • $400
    Average annual income
  • 7
    View loans »
    Burundi Loans Fundraising
  • $4,185,100
    Funds lent in using Kiva
  • 1,528.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ingabo Group's $1,750 loan helped a member increase his working capital and buy a lot of bags of cement for retail sales,to earn more.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2013
Listed
Dec 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014