Adidja has been selling palm oil for the past ten years.
This is her fourth loan from Turame. With her KIVA loan, she will increase her capital and buy eight additional bottles of palm oil (20 liters each). All in all, she will have 28 bottles of palm oil that she will resell in order to make more money.
In the coming years, Adidja would like to build a house on her lot.
Elle a sous sa charge sa petite sœur qui étudie à l’école primaire.
Adidja fait le commerce de l’huile de palme depuis 10 ans.
Elle est à son quatrième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter huit bidons d’huile de palme (20l chacun) supplémentaires. En tout,elle aura 28 bidons d’huile de palme à revendre, pour gagner plus.
Dans les prochaines années elle voudrait construire une maison dans sa 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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Success!! The loan was 100% repaid