Christine is now on her fourth community loan cycle with Turame, but she is now part of a solidarity loan. She is asking for a Kiva loan to diversify her business by including grocery items, such as palm oil, dried fish, and other item, so as to make a large profit. She aspires to the heights of a major merchant in the future if she does not encounter any more problems related to product shortages on the market.
She is a member of the solidarity group “Turunguka”.
Elle demande le crédit Kiva pour diversifier son business en y ajoutant les produits alimentaires comme l’huile de palme, du poisson sec, et autres articles pour réaliser de grands bénéfices. Elle espère atteindre le niveau d’une grande commerçante dans l’avenir si elle ne rencontre pas encore des problèmes lies au manque de produits sur le marche.
Elle est membre du groupe solidaire« Turunguka»
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