Jacqueline has been selling bananas, maize and beans for the past 25 years. This is her fifteenth loan with Turame. With this loan, financed by Kiva, she will increase her capital and buy a large quantity of bananas, maize and beans, which she will resell in order to increase her income.
In the coming years, she would like to buy a plot of land.
Elle fait le commerce de bananes, maïs et haricot depuis 25 ans.
Elle est à son quinzième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité de bananes, de maïs et de haricot, à revendre, pour gagner plus.
Dans les prochaines années, elle voudrait acheter une parcelle.
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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