Paulette has run a shop selling items like beans, rice and salt, for 10 years. This is her 9th loan with Turame. The Kiva-sponsored credit that she will receive will increase her capital and allow her to buy a large quantity of stock (beans, rice, salt, etc.) for resale in her shop, so that she can earn more. The profits from her business allow her to feed her children, buy clothes and provide for the family's health care needs.
Elle fait le commerce de boutique (haricot, riz, sel,…) depuis 10 ans.
Elle est à son neuvième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité d’articles de sa boutique(haricot, riz, sel,…) , à revendre pour gagner plus.
Le gain de son commerce lui permet de nourrir ses enfants , acheter les habits et assurer les soins de santé de la famille
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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