She has been trading sweet potatoes for the past 32 years.
This is her twentieth credit loan with Turame. With the KIVA loan, she will increase her working capital and buy a large quantity of sweet potatoes for retail sales, to earn more.
Thanks to the profits she feeds her family.
Elle fait le commerce de patates douces depuis 32 ans.
Elle est à son vingtième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité de patates douces à revendre pour gagner plus.
Grâce aux bénéfices, elle nourrit sa 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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Success!! The loan was 100% repaid