Umuco Ii Group
She is the mother of three children: a son aged 5, and two daughters, one 3 years old and one 3 months old. None of her children has begun school yet.
She is asking for this Kiva loan to buy bigger quantities of beans to resell to her clientele. She hopes to have a greater profit with this increase in her working capital and thus cope better with her daily needs such as food, household expenses, etc.
Sara is a member of a group called « Umuco II ».
Elle est mère de 3 enfants : 1garçon âgé de 5ans et deux fillettes âgées respectivement de 3ans et 3mois. Aucun de se enfants n’a déjà commencé l’école.
Elle demande le crédit Kiva pour acheter de plus grandes quantités de haricots à revendre aux clients. Elle a l’espoir d’avoir un grand bénéfice avec cette augmentation de son capital et ainsi pouvoir relever les défis quotidiens de la vie comme la ration, les frais d’entretien du ménage et autres.
Elle est une des membres du groupe « Umuco II ».
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.
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Success!! The loan was 100% repaid