Twungubumwe I Group
Jeanine has been selling banana wine for 15 years.
This is her eighth loan with Turame. With this loan from KIVA, she will buy large quantities of bananas to prepare many liters of banana wine for resale. This will allow her to earn more money and increase her capital.
With the profits from her retail activity, she will be able to buy a plot of land for her family.
Elle fait le commerce de vin de banane depuis 15 ans.
Elle est à son huitième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital, en achetant une grande quantité de bananes pour la préparation de beaucoup de litres de vin de banane à vendre, pour gagner plus.
Les bénéfices que lui apportent son commerce, la permettront d’acheter une parcelle pour 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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Success!! The loan was 100% repaid