Odette has been a rice merchant for seven years.
She is on her fifth loan from Turame. With the KIVA loan she is obtaining, she is going to increase her capital and buy more kilos of rice to resell, so as to earn more.
In the next few years, Odette would like to buy a parcel of land and build a house for her children's future residence.
Elle est commerçante du riz depuis 7 ans.
Elle est à son cinquième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter d'autres kilos de riz à revendre, pour gagner plus.
Dans les prochaines années, elle voudrait acheter une parcelle et construire une maison pour préparer la demeure future de ses enfants.
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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