She has sold tomatoes and banana beer for the past 20 years.
She is on her thirteenth loan from Turame. With the Kiva loan she is taking, she will increase her working capital and buy a large quantity of tomatoes and bananas to prepare banana beer to sell to make more money.
The profit from her sales allows her to meet her family's needs (food, health care, etc).
Elle fait le commerce de tomates, et de bière de banane depuis 20 ans.
Elle est à son treizième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité de tomates et de bananes pour préparer la bière de banane, à vendre, pour gagner plus.
Le gain de son commerce lui permet de satisfaire les besoins familiaux (alimentation, soins de santé,…).
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