With the Kiva loan that she obtains, Gloriose will increase her business capital and purchase 100kg of rice and 100kg of beans, which she will resell in order to increase her earnings. In the next few years, she would like to have her own space to conduct her business and to see her children go to school.
Elle fait le commerce du riz depuis 5 ans.
C’est son premier crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter 100 kg de riz et 100 kg de haricot à revendre pour gagner plus.
Dans les prochaines années, elle voudrait avoir sa propre place pour son commerce et voir ses enfants 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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