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Tugiribirama Group
In this Group: Fulgence, Romwald, Appolinaire, Jérôme, Espérance, Joséphine, Bernard, Emmanuel, Juvénal, Bienvenu, Etienne, Berchmans, Marius, Désiré, Evelyne, Emelyne, Gaudence, Diomède, Dorothée, Alexis, Jean, Ezéchiel, Vénérand, Justine, Générose, Mélchior, M Rose, Philippe, Appolinaire, J Bosco, Albert, Richard, Gerard, Jacques, Marie, Ancille, Clémentine, Alphonsine, Fabiola
Fulgence is a member of the Tugiribirama Group and lives in Bubanza. He is 48 years old and married to Imelda, who is a retailer. Fulgence has sold beer for 10 years now.

This is his first loan with Turame. With this Kiva loan he plans to increase the capital of his business by buying seven cases of Amstel beer, which he will resell for a profit.

In the coming years, Fulgence would like to open a small store, and he would like to see his children go to school.
View original language description ↓
Fulgence fait partie du groupe Tugiribirama et habite à Bubanza. Il a 48 ans et est marié à Imelda, une commerçante.

Il fait le commerce de bière depuis 10 ans.

C’est son premier crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter 7 caisses de bière Amstel à revendre pour gagner plus.

Dans les prochaines années, il voudrait ouvrir une petite boutique 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
  • 7
    View loans »
    Burundi Loans Fundraising
  • $4,290,725
    Funds lent in using Kiva
  • 1,541.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tugiribirama Group's $3,800 loan helped a member to buy seven cases of Amstel beer to resell at a profit.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2013
Listed
Jan 18, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014