She has been selling beans, rice, salt in a shop for the past ten years.
She is on her ninth loan with Turame. With the KIVA loan she is being granted, she is going to increase her capital and buy a large quantity of shop products (beans, rice, salt) to resell, so that she can make more money.
Thanks to the profits she makes from her business, she manages to provide for her family's needs.
Elle fait le commerce de boutique (haricot, riz, sel,…) depuis 12 ans.
Elle est à son neuvième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup d’articles de boutique (haricot, riz, sel,…) à revendre, pour gagner plus.
Grâce au gain de son commerce, elle parvient à satisfaire les besoins de sa famille.
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