She has run a small store (selling rice, beans, salt, etc) for the last five years, and is on her fourth loan with Turame.
With this Kiva loan, she will grow her working capital and buy a large quantity of stock for her store (rice, beans, salt, etc) that she will resell to make a profit. In the coming years, she would like to see her children continue their studies.
Elle fait le commerce de boutique (riz, haricot, sel,…) depuis 5 ans.
Elle est à son quatrième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup d’articles de sa boutique (riz, haricot, sel,…) à revendre pour gagner plus.
Dans les prochaines années, elle voudrait voir ses enfants continuer les études.
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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