Charlotte has been doing commerce in potatoes, bananas, … for eight years.
She is on her 16th Turame loan. With the KIVA loan she is obtaining, she is going to increase her capital and purchase many kilograms of potatoes, bananas,… to resell, so as to earn more.
In the coming years, she would like to do business importing merchandise from Kampala and to have her own housing.
Elle fait le commerce de pomme de terre, de banane,... depuis 8 ans.
Elle est à son seizième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup de kilos de pomme de terre, de banane,… à revendre pour gagner plus.
Dans les prochaines années, elle voudrait faire le commerce d’importation des marchandises de Kampala, et avoir son propre logement.
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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