Rose has been selling doughnuts and tea for three years. She's seeking her third loan from Kiva's partner, Turame.
She will use this loan to bolster her working capital and buy a large quantity of flour and sugar to make lots of doughnuts to resell, in order to increase her income.
The profits due to the loan will enable her to provide for healthcare and improve the food intake.
Elle est vendeuse de beignets et de thé depuis 3 ans.
Elle est à son troisième crédit avec Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité de farine et de sucre pour la préparation d’une grande quantité de beignets, pour la vente afin de gagner plus.
Les gains du crédit lui permettront d’assurer les frais de soin de santé, améliorer la ration alimentaire
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