Odette has achieved her thirteenth community loan cycle with Turame. She is asking for a Turname-Kiva loan in order to increase the amount of charcoal to sell in the hopes of saving some money. She has always preferred Turname loans because they are easy to obtain and flexible in their repayment. This is contrary to the other financial institutions in the area.
Odette is part of the community group Vyizigiro.
Elle a un enfant unique age de 19 ans qui etudie en 9e annee des etudes secondaires.
Elle demande le credit Turame-Kiva pour augmenter la quantite de charbon de bois a commercialiser dans l'espoir de faire des epargnes.
Elle a toujours prefere le credit Turame par ses facilites d'obtention et de souplesse dans le remboursement contrairement aux autres institutions financieres de la place.
Elle fait partie du groupe communautaire "VYIZIGIRO"
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