She has been a trader of staple items (rice, beans, salt, etc) for 2 years. This is her twelfth loan with Turame. With the KIVA funding she hopes to obtain, she will increase her working capital and buy a large quantity of staples (rice, beans, salt, etc) to resell at a profit.
The profits from her trading allow her to feed the family, pay the childrens' school fees, meet the medical bills, etc. In the coming years, she would like to buy a plot of land.
Elle fait le commerce de boutique (riz, haricot, sel,…) depuis 2 ans.
Elle est à son douzième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité d’articles de boutique (riz, haricot, sel,…) à revendre pour gagner plus.
Les gains de son commerce lui permettent de nourrir la famille, payer les frais de scolarité des enfants, supporter les soins de santé,…Dans les prochaines années elle voudrait acheter une parcelle.
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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