She has reached her 7th cycle of community credit with Turame. She is seeking a loan with Kiva to increase her capital. She will buy a large quantity of bananas to extract the juice that will be turned into beer. She will then sell the beer for substantial profits. This activity helps her to cover some basic household expenses.
She is a member of the Warakoze community group.
Elle demande le crédit Kiva pour augmenter son capital en achetant une grande quantité de bananes pour en extraire une grande quantité de jus pour faire la bière à revendre pour réaliser de grands bénéfices. Ce commerce lui aide à couvrir les charges familiales les plus élémentaires.
Elle est membre du groupe Communautaire« Warakoze».
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