Terimbere Iii Group
Jacqueline has been selling sorghum for 10 years. This is her first loan from Turame. The Kiva-sponsored loan will increase her capital and she will buy a large quantity of sorghum to resell so that she can earn more money. In the years ahead, she would like to buy a motorbike and build a house on her plot of land.
Elle fait le commerce de sorgho depuis 10 ans.
C'est son premier crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité de sorgho à revendre pour gagner plus.
Dans les prochaines années, elle voudrait acheter une moto, construire une maison dans sa 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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Success!! The loan was 100% repaid