Annociate has been selling local beer for five years.
This is Annociate's 13th loan from Turame. She will use her Kiva loan to increase her capital and buy a large quantity of bananas so that she can prepare many liters of local beer to sell and earn more money.
In the coming years, Annociate would like to expand her business, increasing her capital.
Elle fait le commerce de bière locale depuis 5ans.
Elle est à son trezième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité de bananes pour préparer beaucoup de litres de bière locale à vendre, pour gagner plus.
Dans les prochaines années, elle voudrait agrandir son business, en augmentant son capital.
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