She has been selling food products (beans, rice, cottonseed oil) for 20 years.
A. Marie is on her 16th loan from Turame. With the Kiva loan she will secure, she is going to increase her capital and purchase a large quantity of cottonseed oil and rice to resell, in order to earn more.
Thanks to the profits from her business, A. Marie feeds and sees to the health care of her family. She also pays her children's school fees.
Elle fait le commerce de produits vivriers (haricot, riz, huile de coton) depuis 20 ans.
Elle est à son seizième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité d’huile de coton et de riz à revendre, pour gagner plus.
Grâce aux gains de son commerce, elle nourrit et assure les soins de santé de sa famille. Elle paie aussi les frais de scolarité de ses 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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