This is her seventh loan with Turame. She will use this credit obtained through KIVA to increase her working capital and purchase large quantities of rice to sell in order to bolster her revenue.
In the coming years, she hopes to have her own capital.
Elle fait le commerce du riz depuis 1année.
Elle est à son septième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité du riz à revendre, afin de gagner plus.
Dans les prochaines années elle voudrait avoir son propre capital.
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