Jeanne has been selling foodstuffs (bananas, groundnuts, etc.) for 20 years. This is her 15th loan cycle with Turame. She plans to use the credit to bolster her working capital and buy large quantities of foodstuffs (bananas, groundnuts, etc.) to sell and increase her profits.
The earnings from her activity allow her to make a living and to provide for her family.
Elle fait le commerce des produits vivriers (bananes, arachides, …) depuis 20 ans.
Elle est à son quinzième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité de produits vivriers (bananes, arachides, …), à revendre pour gagner plus.
Avec les gains de son commerce, elle parvient à gagner sa vie en satisfaisant les besoins de la 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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