Chantal has been a reseller of sorghum for 15 years. This is her 20th loan cycle with Turame. She plans to use this credit to strengthen her working capital and buy a large quantity of sorghum to bolster hers sales and revenue.
In the coming years, she hopes to see her children pursue their studies successfully.
Elle fait le commerce de sorgho depuis 15 ans.
Elle est à son vingtième crédit à Turame. Avec le crédit Kiva qu’elle obtient, elle va augmenter son capital et acheter une grande quantité de sorgho à revendre pour gagner plus.
Dans les années prochaines, elle voudrait que ses enfants parviennent à réussir les étudies.
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