Lydie is a member of the Twunganire III group and lives in Bujumbura. She is 28 years old and single. She has been selling beans, rice etc for six months. This is her first loan with Turame. Thanks to the Kiva loan, she will bolster her capital and buy a large quantity of rice and beans for resale so as to increase her earnings.
Lydie fait partie du groupe Twunganire III et habite à Bujumbura. Elle a 28 ans et est célibataire .
Elle fait le commerce du haricot, riz,... depuis 6 mois.
C’est son premier crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité du riz et de haricot à revendre pour gagner plus.
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.