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Horimbere Group
In this Group: Anatolie, Fabiola, Lucie, Emmanuel
Emmanuel is a member of the Horimbere group and lives in Bujumbura. He is 57 years old and is marred to Jeanne, a merchant. Together they have seven children, between seven and 20 years old. All the children go to school.

Emmanuel works selling various products--milk, lemonade, chemical fertilizers. He has been doing this for nine years.

This is his eighth loan with Turame. With this Kiva-financed loan, he is going to increase his capital to buy a large quantity of milk, chemical fertilizer, and lemonade, which he will resell to earn more.

In the coming years, Emmanuel would like to build a fence around his land and see his children [continue to] go to school.
View original language description ↓
Emmanuel fait partie du groupe Horimbere et habite à Bujumbura. Il a 57 ans et est marié à Jeanne, une commerçante.Ensemble ils ont 7 enfants ages de 7 à 20 ans tous étudient.

Il fait le commerce de divers produits : du lait, de la limonade, des engrais chimiques,…depuis 9 ans.

Il est à son huitième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter une grande quantité du lait, d’engrais chimiques, de limonade, à revendre, pour gagner plus.

Dans les années prochaines, il voudrait construire une clôture de 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

  • $400
    Average annual income
  • 7
    View loans »
    Burundi Loans Fundraising
  • $4,185,100
    Funds lent in using Kiva
  • 1,535.0
    Burundi Francs (BIF) = $1 USD
Expired
A portion of Horimbere Group's $3,975 loan helped a member to buy milk, chemical fertilizer, and lemonade.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 28, 2014
Listed
Jun 24, 2014
Currency Exchange Loss:
Possible
Expired:
Jul 24, 2014