For the last five years, Francine has been selling clothing, curtains and sheets. She is on her fifth loan from Turame.
With the Kiva loan, she is going to increase her capital and buy a large quantity of clothing, curtains and sheets to re-sell, to make more profit.
In the future, she would like to build her own house and see her child go to school.
Elle fait le commerce des habits, des rideaux et des draps depuis 5ans.
Elle est à son cinquième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup d' habits, de rideaux et de draps à revendre pour gagner plus.
Dans les prochaines années, elle voudrait construire sa propre maison et que son enfant étudie.
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