Salima is on her sixth community loan cycle with Turame. She is asking for a Kiva loan for increasing her capital in order to expand her restaurant. She will do so by buying large amounts of provisions and thus increase her saving. Through this loan, with her savings in hand, she hopes to meet the needs of her family over time and to buy a second house.
She is a member of the community group "Twige".
Elle demande le crédit Kiva pour accroitre son capital pour l’expansion de son restaurant en achetant de grandes quantités d’articles de consommation à revendre à ses clients et ainsi pouvoir accroitre ses économies. Elle espère qu’avec les économies réalisées avec ce credit, elle sera à mesure de subvenir aux besoins familiaux et pouvoir acheter une deuxième maison
Elle est membre du groupe Communautaire« Twige».
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