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Munege Group
In this Group: Serges, Joёl, Anicet, Elie, Aloys, M Goreth, Zabulon, Néphtalie, Richard, Tharcisse, Laurent, Pamphile, Espérance, Jacqueline, Joseph, Berchmans, J Baptiste, Suavis, Edouard
Serges is part of the group Munege and lives in Rumonge. He is 27 years old and married to Emelyne, a farmer. Together they have four children, aged 2 to 8 years old, of whom two are students.

Serges has been running a store (beans, rice, palm oil) for eight years. He is on his fourth Turame loan. With the KIVA loan he is obtaining, he is going to increase his capital and purchase a sack filled with shoes, 100 kg of beans, and 50 kg of salt to resell, so as to earn more.

In the coming years, he would like to purchase five fields of oil palms and to see his children educated.
View original language description ↓
Serges fait partie du groupe Munege et habite à Rumonge. Il a 27 ans et est marié à Emelyne, une cultivatrice. Ensemble ils ont 4 enfants, âgés de 2 à 8 ans, dont 2 étudient.

Il fait le commerce de boutique (haricot, riz, huile de palme) depuis 8 ans.

Il est à son quatrième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter un sac rempli de chaussures, 100kg haricot, 50kg de sel, à revendre pour gagner plus.

Dans les prochaines années, il voudrait acheter 5 champs de palmiers à huile 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

  • $400
    Average annual income
  • 12
    View loans »
    Burundi Loans Fundraising
  • $4,036,350
    Funds lent in using Kiva
  • 1,536.1
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Munege Group's $3,400 loan helped a member to purchase shoes, beans, and salt to resell, so as to earn more.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 5, 2013
Listed
Jan 17, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014