G. Jacqueline has been selling bananas for 12 years.
She is on her second loan with Turame. With this loan, financed by Kiva, she will increase her capital and buy a large quantity of bananas for resale, in order to earn more.
With the earnings from her business, she is able to meet her family's needs (food, clothes, healthcare). She has also bought a small plot of land for farming.
Elle fait le commerce de bananes depuis 12 ans.
Elle est à son deuxième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité de bananes à revendre, pour gagner plus.
Grâce au gain de son commerce, elle parvient à satisfaire les besoins de sa famille(se nourrir ,s'habiller et assurer les soins de santé.) Elle a aussi acheté un petit terrain pour cultiver.
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