Cécile-Elide has four children, a son and three daughters, but she is also raising three other children who are close relatives.
She is requesting the Kiva loan to buy larger quantities of items she sells to her customers. This will allow her to earn more profit so that she can put aside savings and grow her business. She hopes to become a wealthy merchant, able to import goods, to buy her own house and her own car. She also hopes that her children will finish school successfully and lead a more comfortable life. She has always preferred Turame loans over those of other financial institutions because the interest rate is lower.
Cécile-Elide is a member of the community group called « Faida ».
Elle a 4 enfants : un garçon et 3 filles mais aussi prend en charge 3 autres enfants de sa famille proche.
Elle demande le crédit Kiva pour acheter de plus grandes quantités d’articles de boutique à revendre aux clients ; ce qui lui permettra d’acquérir une plus grande capacité de générer du bénéfice pour faire ses épargnes et accroitre son business. Elle a l’espoir de devenir une riche commerçante capable de faire le commerce d’import et être à mesure d’acheter sa propre maison et sa propre voiture et que ses enfants finiront les études avec succès et mener une vie meilleure. Elle a toujours préfère le crédit Turame aux autres institutions financières car le taux d’interet est le plus bas.
Elle est une des membres du groupe communautaire « Faida »
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