Check out some available loans that are similar to this one!
Ngiranze Group
In this Group: Sabin, Daphrose, Divine, Dénise, Alphonsine, Lydia, Virginie, Déogratias, Pascaline, Aline, Gloriose, M .rose, Michel, Médiatrice, Nestor, Gertrude, Joséphine, Pascasie, Jeanine, Judith, Judith, Espérance, Divine, Spès
Sabin belongs to the Ngiranze group and lives in Bujumbura. He is 44 years old and married to Claudine, who is a trader.

He has been buying and selling rice for the past four years and this is his first loan from Turame. With the Kiva loan he is granted, he is going to increase his capital and buy a large quantity of rice to resell, so that he can earn more money.

In the coming years he would like to become a wholesale trader of rice and see his children through school.
View original language description ↓
Sabin fait partie du groupe Ngiranze et habite à Bujumbura. Il a 44 ans et est marié à Claudine, une commerçante.

Il fait le commerce de riz depuis 4 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 riz à revendre, pour gagner plus.

Dans les prochaines années, il voudrait être un commerçant grossiste de riz 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
  • 17
    View loans »
    Burundi Loans Fundraising
  • $4,291,075
    Funds lent in using Kiva
  • 1,529.1
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ngiranze Group's $2,375 loan helped a member to increase his capital and buy a large quantity of rice to resell, so that he can make more money.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2014
Listed
Jul 23, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014