Niyonkuru K1 Group
This Kiva loan for 200,000 Burundian francs will allow her to increase her capital and buy large quantities of food products (oil, salt, sugar, onions, rice and beans) to re-sell in order to make large profits and thereby increase her savings.
Thérèse is a member of the Niyonkuru 1 community bank.
Le crédit Kiva de 200,000 francs burundais qu’elle obtient lui permet d’augmenter son capital pour acheter de grandes quantités de produits vivriers (l’huile, le sel, le sucre, les oignons, le riz, le haricot) à revendre afin de réaliser de grands bénéfices et ainsi accroitre ses économies.
Elle est membre du groupe communautaire« NIYONKURU 1».
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.
4View loans »
Success!! The loan was 100% repaid