Yvette is now on her second community loan cycle with Turame. She is requesting the Kiva loan to increase her capital by buying large amounts of sweet potatoes to resell to her customers. In this way, she will be able to increase her savings. With this loan and the savings in hand, she hopes to provide for her family and over time to realize her dream of becoming a major merchant.
She is a member of the community group Urweze.
Elle demande le crédit Kiva pour accroitre son capital en achetant de grandes quantités de patates douces 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 realiser son reve d’etre une grande commercante
Elle est membre du groupe Communautaire« Urweze».
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