She has a shop where she has been running a business of selling rice, beans, palm oil, etc. for three years.
She is on her third loan with Turame. With the KIVA loan that she is getting, she will increase her working capital and buy numerous items for her shop such as rice, beans, and palm oil, which will increase her profits.
With the profit from her business, she can meet the major needs of her family such as food, shelter, clothing, and educational expenses.
Elle fait le commerce de boutique (riz, haricot, huile de palme,…) depuis 3 ans.
Elle est à son troisième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup d’articles de sa boutique (riz, haricot, huile de palme ,…) à revendre, pour gagner plus.
Avec le gain de son commerce, elle satisfait les besoins essentiels de sa famille (se nourrir, se loger, se vêtir, payer 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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