Her loan of 500,000 Burundi francs is going to help increase her capital and enable her to buy many shoes to sell, so as to make large profits. She is a member of the solidarity group "TURIMBERE".
Son crédit de 500,000francs burundais va contribuer à augmenter son capital pour lui permettre d’acheter beaucoup de souliers à revendre afin de réaliser de grands bénéfices.
Elle est membre du groupe solidaire« TURIMBERE».
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