With the Kiva loan that she obtains, Hyacinthe will increase her business capital and purchase bananas in bulk for resale in order to increase her earnings. With the profit from her business, she provides for the fundamental needs of her family (food, housing, and health needs) and has already been able to purchase some land.
Elle fait le commerce de bananes et de bière de banane depuis 16 ans.
Elle est à son dix-septième 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 aux gains de son commerce, elle assure les besoins fondamentaux de la famille (alimentation, logement et les soins de santé) et elle a déjà acheté un terrain.
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