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Karugembe Group
In this Group: J.pacifique, Uziya, Elisabeth, Albin, Honoré, Claude, Germaine, Ezéchiel, J.de Dieu, Jean, Léonie, Claude, Ezéchiel, Espérance, Pascal, Ernest, Diane, Madeleine, Angeline, Evariste, Anastasie, Aline, Elias
Pacifique is a member of the Karugembe group and lives in Bubanza. He is 40 years old and married to Emelyne, a farmer. Together they have four children, aged from two to 16 years old. Two of the children go to school.

Pacifique has been selling palm oil for two years. This is his first loan with Turame. With this Kiva-financed loan, he is going to increase his capital and buy a large quantity of palm nuts, which he will make into many liters of palm oil. He will resell this oil and earn more.

In the coming years, he would like to have a decent place to live.
View original language description ↓
Pacifique fait partie du groupe Karugembe et habite à Bubanza. Il a 40 ans et est marié à Emelyne, une cultivatrice. Ensemble ils ont 4 enfants âgés de 2 à 16 ans, dont 2 étudient.

Il fait le commerce de l’huile de palme depuis 2 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 noix de palme pour préparer beaucoup de litres d’huile de palme à revendre pour gagner plus.

Dans les années prochaines, il voudrait avoir un habitat décent.



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
  • 18
    View loans »
    Burundi Loans Fundraising
  • $4,421,000
    Funds lent in using Kiva
  • 1,548.0
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Karugembe Group's $2,250 loan helped a member to buy a large quantity of palm nuts to make oil and resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2014
Listed
May 25, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014