Bienvenu a 31-year-old trader who lives in Buyenzi, a district of Bujumbura. He completed 5 years of primary school and has been selling various products (biscuits, rice, beans, children's toys, soaps, etc.) for 14 years. He is married to Nadia and the couple have 4 children, 3 of whom go to primary school. A loan of 170 000 Burundese francs allows Bienvenu to increase his working capital and buy some telecom products (mobile phones and accessories) so that he can change his business activities and make greater profits. He is part of the community group "BAKARA".
Bienvenu est un commerçante âgé de 31ans qui habite au quartier Buyenzi de la Mairie de Bujumbura.Il fait le commerce des articles divers de boutique(biscuits,riz,haricots,jouets pour les enfants,savons,etc) depuis 14ans. Il a fait ses études jusqu’en 6e année primaire.Il est marie a Nadia et ont ensemble 4 enfants dont 3 étudient a l’école primaire.
Le crédit Kiva de 170,000 francs burundais qu’il obtient lui permet d’augmenter son capital et changer son type d’activité en achetant du matériel téléphoniques(téléphones cellulaires et accessoires) à revendre afin de réaliser de grands bénéfices.
Il est membre du groupe communautaire« BARAKA».
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.