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Turagame Group
In this Group: René, Frédéric, Léonard, Innocent, Dieudonnée, Nestor, Paul, Athanase, Manassé, Samuel, Jean, Elie, Justine, Férdinand, Eveline, Evariste, Innocent
Innocent is a part of the Turagame group and lives in Bujumbura. He is 44 years old and is married to Gertrude, a farmer. Together, they have 5 children aged between 3 and 20 years old, of which 5 are educated. He has sold clothes for two years. It is his first loan with Turame. With the KIVA loan that he obtains, he is going to increase his capital and buy a lot of clothes to resell at a profit. In the coming years, he would like to have a house and see his children educated.
View original language description ↓
Innocent fait partie du groupe Turagame et habite à Bujumbura. Il a 44 ans et est marié à Gertrude, une cultivatrice. Ensemble ils ont 5 enfants âgés de 3 à 20 ans dont 5 étudient.

Il fait le commerce des habits depuis 2 ans.

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

Dans les prochaines années, il voudrait avoir une maison 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

  • $400
    Average annual income
  • 12
    View loans »
    Burundi Loans Fundraising
  • $4,045,100
    Funds lent in using Kiva
  • 1,529.1
    Burundi Francs (BIF) = $1 USD

Success!! The loan was 100% repaid

A portion of Turagame Group's $1,625 loan helped a member to increase his capital and buy a lot of clothes to resell at a profit.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 2, 2014
Listed
Jul 23, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 26, 2015