She has been selling cows for the last 15 years.
This is her tenth loan with Turame. With the Kiva loan she will get, she will increase her working capital to buy a lot of cows for resell in order to earn more.
With the profit from her business, she provides for the food, the health needs of her family and pays for the schooling fees.
Elle fait le commerce de vaches depuis 15ans.
Elle est à son dixième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup de vaches à revendre pour gagner plus.
Avec le gain du commerce, elle assure la ration alimentaire, les soins de santé de la famille et paie les frais de scolarité des enfants.
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