Rose has been selling clothing for 16 years. This is her fifth loan with Kiva's partner, Turame. With this loan, she will bolster her working capital and buy a large quantity of clothing to resell, in order to increase her income.
In the forthcoming years, she would like to buy a house for her children and see them go to school.
Elle fait le commerce des habits depuis 16 ans.
Elle est à son cinquième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup d’habits à revendre, pour gagner plus.
Dans les années à venir, elle voudrait acheter une maison pour ses enfants et les voir étudier
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