Nyibuka A Group
Adele has been a cassava saleswoman for 4 years.
This will be her seventh loan from Turame. The cassava roots were attacked by blight. They are becoming more and more scarce. With the loan from Kiva, she plans to change her business: she will sell food commodities such as bananas and potatoes so that she can continue to do business.
Elle est vendeuse de manioc sec depuis 4 ans.
Elle est à son septième crédit avec Turame. Le manioc a été attaqué par une maladie.Il devient de plus en plus rare. Avec le crédit KIVA qu’elle obtient, elle va changer d’activité : elle va vendre les produits vivriers tels que la banane, pomme de terre,afin de continuer son activité commerciale.
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