Salomé has been running a shop for 17 years and this is her sixth loan from Turame. With the Kiva loan, she will increase her capital and buy more products for resale in her shop. This will increase her earnings.
In the next few years, she would like to start importing goods and help her children to finish their studies.
Elle fait le commerce de boutique depuis 17 ans.
Elle est à son sixième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup d’articles de sa boutique, à revendre pour gagner plus.
Dans les prochaines années, elle voudrait faire le commerce d’importation et voir se enfants terminer les études.
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