Emmanuelline has been selling grocery items (beans, rice, salt..) for five years.
This is her fourth loan with Turame. With the loan that she is receiving from Kiva, she will increase her capital and buy many goods (beans, rice, salt...) that she will resell in her shop, in order to make more money.
Elle fait le commerce de boutique(haricot, riz,sel,...) depuis 5 ans.
Elle est à son quatrième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup d’articles (haricot, riz,sel,...) de sa boutique, à revendre pour gagner plus.
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