For three years, she's had a boutique where she sells hair extensions, beauty products, and scarves. She buys her supplies in a market in Benin and from outside the country.
In order to reinforce her working capital and to respond to client demands, she is asking for the financial help of Finadev. This funding will allow her to maximize her profit and to contribute to her children's schooling.
Moussiliatou is pictured at left.
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.
0View loans »
Success!! The loan was 100% repaid