For more than 17 years, Odette has been selling dried fish, called ndagala, and palm oil.
She's seeking her 11th loan from Kiva's partner, Turame. With this new Kiva loan, she will bolster her working capital and buy a large quantity of ndagala fish and palm oil to resell, in order to increase her income.
In the forthcoming years, she would like to buy her own lot of land and see her children go to school.
Elle fait le commerce de poissons appelés ndagala et de l’huile de palme depuis 17 ans.
Elle est à son onzième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité de poissons appelés ndagala et de l’huile de palme à revendre, pour gagner plus.
Dans les prochaines années, elle voudrait acheter sa propre parcelle et voir ses enfants étudier.
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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