Hassan is a 48-year-old entrepreneur who lives in the Nyamugarie neighborhood of the town of Gitega, in Gitega province, central Burundi. He has been owning a restaurant for 10 years. He started in the restaurant business while he was working as a driver. He is educated through 7th grade. He is married to a teacher, Anne Marie, and together they have 3 children, of whom one is in middle school and the other 2 attend elementary school. He is requesting a loan in the amount of 170,000 Burundian Francs, which will allow him to increase his capital in order to serve more food to more people, and therefore to generate bigger profits and increase his savings. Hassan is a member of the TWIGWANEKO community group.
Hassan est un commerçant âgé de 48 ans qui habite dans le quartier Nyamugarie de la commune urbaine de Gitega de la Province de Gitega au centre du pays. Il a un restaurant comme business depuis 10 ans, un métier qu’il a commencé alors qu’il était chauffeur. Il a fait ses études jusqu’en 7 è année secondaire. Il est marié à Anne Marie, une enseignante et ont ensemble 3 enfants dont 1 étudie à l’école secondaire et les 2 autres sont au primaire.
Son crédit Kiva qu’il obtient va lui permettre d’augmenter son capital pour augmenter la quantité de nourriture au restaurant afin de servir un grand nombre de personnes afin de réaliser de grands bénéfices et accroitre ses économies
Il est membre du groupe communautaire TWIGWANEKO
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.