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Majambere Group
In this Group: Virginie, Monique, Triphonie, Gloriose, Goreth, Evariste, Eliachim, Béatrice, Sandrine, Diodonné, J. Claude, Georgette, Léopold, Donatien, Léocadie, Béatrice, Marcelline, Judith, Richard, Jeanne, Liduine, Thérence, Amélie, J Baptiste, Gérard, Blandine, Colette, Virginie
Léopold is part of the group Majambere and lives in Bujumbura. He is married to Pélouse, a merchant. Together they have eight children, from 14 to 17 years old, of whom four are students. He is adopting a child, who is in school.

Léopold has been doing commerce in fish (ndagala) for three years.

This is his first Turame loan. With the KIVA loan he is obtaining, he is going to increase his capital and purchase a large quantity of fish (ndagala) to resell, so as to earn more.

In the coming years, he would like to become an importer and see his children educated.
View original language description ↓
Léopold fait partie du groupe Majambere et habite à Bujumbura. Il est marié à Pélouse, une commerçante. Ensemble ils ont 8 enfants âgés de 14 à 17 ans, dont 4 étudient.
Il adopte un enfant qui étudie.

Il fait le commerce de poissons (ndagala) depuis 3 ans.

C’est son premier crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter une grande quantité de poissons (ndagala) à revendre pour gagner plus.

Dans les années prochaines, il voudrait devenir un importateur 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
  • 19
    View loans »
    Burundi Loans Fundraising
  • $4,401,625
    Funds lent in using Kiva
  • 1,540.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Majambere Group's $2,675 loan helped a member to purchase a large quantity of fish (ndagala) to resell, so as to earn more.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 1, 2014
Listed
Apr 28, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014