She has been a clothing retailer for 5 years.
She is on her 12th round of borrowing with Turame. With the loan from KIVA, she is going to increase her working capital and purchase a lot clothing for resale in order to earn more.
With the profits from her business, she is able to clothe and take care of her children and she has also already purchased a plot of land.
Elle fait le commerce d’habits depuis 5 ans.
Elle est à son douzième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup d’habits à revendre, pour gagner plus.
Grâce aux bénéfices de son commerce, elle habille ses enfants, les fait soigner et elle a déjà acheté une parcelle.
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