Odette has been selling beer for four years now.
She is on her ninth loan from Turame. With the KIVA loan that she obtains, she will increase her capital and buy lots of cases of beer to resell in order to earn more money.
The profits from her business have allowed her to buy a cow and they also enable her to buy clothing for her children and pay for her children's schooling.
Elle fait le commerce de bière depuis 4 ans.
Elle est à son neuvième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup de casiers de bière à revendre pour gagner plus.
Le gain de son commerce lui a permis d’acheter une vache et il contribue dans la scolarisation des enfants et dans l’achat de leurs habits.
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