Christine has been selling cassava for three years.
This is her first loan with Turame. With the KIVA loan she is obtaining, she is going to increase her capital and buy a lot of cassava to sell in order to earn more.
The profit from her business will enable her to improve her food rations and to help with her children's schooling costs.
Elle a sous sa charge 2 orphelins qui étudient.
Elle fait le commerce de manioc depuis 3 ans.
C’est son premier crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup de manioc à revendre pour gagner plus.
Les gains du commerce lui permettront d’améliorer la ration alimentaire, supporter les frais scolaires des enfants.
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