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Murikana Group
In this Group: Modeste, Charles, Donatien, Clothillde, Bernard
Modeste is part of the Murikana group and lives in Bujumbura. She is 28 years old and is married to Prosper, a merchant. Together they have three children aged 3 to 8 years,of whom one is in school.

She has been trading construction materials for the past 10 years.

IThis is her fifth credit loan with Turame. With the Kiva loan she obtains, she will increase her capital and buy a lot of rebars and tubings used to manufacture doors, ... for resale, to earn more.

In coming years, she would like to buy a plotof land, build a home and see to her children's education.
View original language description ↓
Modeste fait partie du groupe Murikana et habite à Bujumbura. Elle a 28 et est mariée à Prosper, un commerçant. Ensemble ils ont 3 enfants âgés de 3 à 8 ans, dont 1étudie.

Elle fait le commerce des matériaux de construction depuis 10 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 fer à béton, des tubes servant dans la fabrication des portes,… à revendre pour gagner plus.

Dans les prochaines années, elle voudrait acheter une parcelle, construire une 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.

About Burundi

  • $600
    Average annual income
  • 11
    View loans »
    Burundi Loans Fundraising
  • $4,290,975
    Funds lent in using Kiva
  • 1,528.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Murikana Group's $1,625 loan helped a member increase her capital and buy a lot of rebars and tubing used to manufacture doors, ... for resale, 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