Rose has been selling rice, potatoes, palm oil, etc. for six years.
This is Rose's 12th loan from Turame. She will use her Kiva loan to increase her capital and buy a lot of items for her store (rice, potatoes, palm oil...). She will re-sell them and make more money.
In the near future, Rose plans to concentrate on selling palm oil, her former business. She would also like to see her children study and complete their education.
Elle a sous sa charge 5 orphelins qui étudient.
Elle fait le commerce de boutique (riz, pomme de terre, huile de palme,…) depuis 6 ans.
Elle est à son douzième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup d’articles de sa boutique (riz, pomme de terre, huile de palme,…) à revendre pour gagner plus.
Dans les prochaines années, elle voudrait se concentrer au commerce d’huile de palme, son ancienne activité. Elle voudrait en outre voir ses enfants étudier et terminer les études.
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