Saturday, May 1, 2010

May kiva loan: Burundi!

New Loan!
Iyunge Group
Location: Cibitoke, Burundi
Repayment Term: 8 months
Activity: Fruits & Vegetables
Repayment Schedule: Monthly
Loan Use: purchasing bigger quantities of beans but also new products to sell her customers

Pascasie Nzoyisaba, 33, is a businesswoman who lives in the township of Rugombo in the province of Cibitoke in the west of Burundi. She buys beans to resell at the central market of Rugombo. She started up her business with a loan from Turame and she is presently on her fourth loan, having received the amounts of 60,000 fbu ; 200,000 fbu et 270,000 fbu for her first three loans.

She is the mother of three sons, 10, 6, and 4 years old. The two older boys are enrolled in school. She makes a big effort to see that her children will be able to stay in school and graduate successfully, so that they can become responsible adults and have a happy life.

Pascasie is requesting this Kiva loan to buy bigger quantities of beans, as well as other, different foodstuffs to sell to her customers. She hopes to make a lot of profit due to this increase in her working capital.



CURRENT LOANS IN ACTION
Obama Group
Location: Dar Es Salaam, Tanzania
Repayment Term: 7 months
Activity: Grocery Store
Repayment Schedule: Monthly
Loan Use: to start selling water, juice and sodas at wholesale prices

Siguikadi Group
Location: Kadiolo Sikasso, Mali
Repayment Term: 8 months
Activity: Retail
Repayment Schedule: Monthly
Loan Use: Purchase of selling items
Repaid: $4.17

Fight For Progress Group
Location: Makeni, Sierra Leone
Repayment Term: 12 months
Activity: Food Market
Repayment Schedule: Monthly
Loan Use: Buy palm-oil, rice, and oranges in wholesale quantities
Repaid: $2.50

Altantuya Lhasuren
Location: Tsetserleg, Arhangai, Mongolia
Repayment Term: 20 months
Activity: Butcher Shop
Repayment Schedule: Monthly
Loan Use: to purchase meat
Repaid: $2.78

LOANS PAID IN FULL:

Zenaida Daing- Farming, Sta. Josefa, Agusan Del Sur, Philippines

Elizabeth Aidoo- Food Market, Wiawso, Ghana

Mobateli Plus Group -Manufacturing, The Democratic Republic of the Congo

Paz y Amor Group -Fruits & Vegetables, Dominican Republic

Dustmatov Eralboy - Livestock, Tajikistan

Seccelambras Group -Food Production/Sales, Peru

Rashidat Mumuni -Fish Selling, Nigeria

Karla Vanessa Montiel Barahona -Housing, Nicaragua

Eal Nub -Fish Selling, Cambodia

Atim Irene's Group -Medical Clinic, Uganda


Like Kiva? Think its neat? then lend! KIVA!

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