She has been selling fanta, rice, and flour, among other things, for 11 years.
This is her second loan with Turame. With the loan she is getting from Kiva, she will increase her capital by buying a large quantity of fanta, flour, rice, etc, which she will resell to make big profits.
With the profits, she will pay for her children's school fees, the medical expenses of her family, etc.
Elle est commerçante de fanta, de riz, de farine,…depuis 11 ans.
Elle est à son deuxième crédit avec Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité de fanta, de farine, de riz,…à revendre pour réaliser de grands bénéfices.
Avec ces bénéfices, elle va payer les frais de scolarité de ses enfants, assurer les soins de santé de sa famille,…
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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