Duterimbere I Group
Françoise has been selling cassava flour for 19 years. This will be her 18th loan from Turame. Her Kiva-sponsored loan will allow her to buy a large quantity of dry cassava to make into flour for resale, so that she can earn more money. Thanks to the profits from her business, Françoise can clothe and feed her family, and pay for her children's education costs.
Elle fait le commerce de farine de manioc depuis 19 ans.
Elle est à son dix-huitième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité de manioc sec pour préparer de la farine à vendre, pour gagner plus.
Grâce aux bénéfices de son commerce, Françoise habille, nourrit sa famille et paie les frais scolaires 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