Ubumwe Ii Group
She is seeking this loan through Kiva to increase her capital by buying large quantities of sorghum for resale in order to realize large profits. She particularly prefers loans through Turame and Kiva because the repayments are staggered and also because the interest rates are accessible to small retailers.
She is a member of the community group "Ubumwe II."
Elle demande le crédit Kiva pour augmenter son capital en achetant de grandes quantités du sorgho à revendre pour réaliser de grands bénéfices. Elle a une préférence particulière pour le crédit Turame-Kiva du fait que les remboursements se font en tranches mais aussi avec un taux d’intérêt accessible pour les petits commerçants.
Elle est membre du groupe Communautaire« Ubumwe II»
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