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Mutabazi Group
In this Group: Oscar, Bahati, Rahma, Aline, Ndasu, Bahati, Marc, Annociate, Tabu, Hawa, Fitina, Scolastique, Skitu, Sifa, Cyprien, Abdour, Ari, Augustin, Tatu
Oscar is part of the group Mutabazi and lives in Rumonge. He is 38 years old and married to Anastasie, a farmer.

Oscar has been running a store (palm oil, beans, rice, …) for six years. He is on his third Turame loan. With the KIVA loan he is obtaining, he is going to increase his capital and purchase many goods for his store (palm oil, beans, rice, …) to resell, so as to earn more.

In the coming years, he would like to build house annex on his plot of land and to see his children educated.
View original language description ↓
Oscar fait partie du groupe Mutabazi et habite à Rumonge. Il a 38 ans et est marié à Anastasie, une cultivatrice.

Il fait le commerce de boutique (huile de palme, haricot, riz,…) depuis 6 ans.

Il est à son troisième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup d’articles de sa boutique (huile de palme, haricot, riz,…) à revendre pour gagner plus.

Dans les prochaines années, il voudrait construire une maison annexe dans sa 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.

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About Burundi

  • $600
    Average annual income
  • 22
    View loans »
    Burundi Loans Fundraising
  • $4,424,575
    Funds lent in using Kiva
  • 1,541.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mutabazi Group's $3,575 loan helped a member to purchase many store goods (palm oil, beans, rice, ...) to resell, so as to earn more.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2013
Listed
Jan 17, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 29, 2015