Check out some available loans that are similar to this one!
Sangwe I Group
In this Group: Mélchior, Imelde, Marie, Léonie, Pierre, Rosalie, Anastasie, Rénilde, Jeanine, Simon, Faustine, Virginie, Libérate, Espérance, Irenée, Mélanie, Nicélate, Adelaide, Pascaline, Chantal, Floride, Jeanine, Dominique, Capitoline, D. Salvator, Marcelline, David, Virginie, Saline, Honorate, Médiatrice, Fabien, Emmanuella, Spès, Pascal, Mélanie
David is part of the Sangwe I group and lives in Gitega. He is 45 years old and is married to Hope, a farmer. Together they have six children of whom three are in school.

He has been trading cassava for the past five years.

This is his first credit loan with Turame. With the KIVA loan he will increase his working capital and buy many kilos of cassava for resale, to earn more.
View original language description ↓
David fait partie du groupe Sangwe I et habite à Gitega. Il a 45 ans et est marié à Espérance, une cultivatrice. Ensemble ils ont 6 enfants dont 3 étudient.

Il fait le commerce de manioc depuis 5 ans.

C’est son premier crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup de kilos de manioc à revendre pour gagner plus.





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
  • 1
    View loans »
    Burundi Loans Fundraising
  • $3,965,800
    Funds lent in using Kiva
  • 1,542.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sangwe I Group's $3,850 loan helped a member increase his working capital and buy many kilos of cassava for resale, to earn more.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2014
Listed
Apr 30, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014