She has been a trader of cassava for 5 years.
She is seeking her sixth loan from the microfinance institution Turame. With the money she gets from KIVA, she will increase her capital and buy a large quantity of cassava that she can sell in order to earn more.
In the coming years, she would like to change her business activity and see her children finish their studies and live comfortably.
Elle fait le commerce de manioc depuis 5ans.
Elle est à son sixième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité de manioc, à revendre pour gagner plus.
Dans les prochaines années, elle voudrait changer d’activité et voir ses enfants terminer les études et vivre aisément.
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