Gloriose has been selling things like rice and beans in her shop for 6 years. This is her third loan from Turame. Her Kiva-sponsored loan will increase her capital and enable her to buy a large amount of rice and beans for resale, so that she can earn more money. In the coming years, she would like to see her children get an education.
Elle fait le commerce de boutique (riz, haricot,..) depuis 6 ans.
Elle est à son troisième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup de kg de riz et de haricot à revendre pour gagner plus.
Dans les prochaines années, elle voudrait 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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Success!! The loan was 100% repaid