Odette has been selling rice for 14 years. This is her 18th loan from Turame. Her Kiva-sponsored loan will enable her to buy several kilos of rice for resale, so that she can earn more money. In the coming years, she would like to become an exporter of rice to neighbouring countries, and to see her children get an education.
Elle fait le commerce de riz depuis 14 ans.
Elle est à son huitième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter la quantité beaucoup de kilos de riz à revendre, pour gagner plus.
Dans les années à venir il voudrait être une exportatrice de riz dans les pays voisins 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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Success!! The loan was 100% repaid