Cubwenge Ii Group
Immaculée has been selling bananas for 20 years. She is on her second loan from Turame. With the Kiva loan she will obtain, she is going to increase her capital and purchase a large quantity of bananas to sell in order to earn more.
The profits from her business allow her to meet familial needs (food, healthcare, etc.).
Elle fait le commerce de bananes depuis 20ans 20 ans.
Elle est à son deuxième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter une grande quantité de bananes, à revendre, pour gagner plus.
Le gain de son commerce lui permet de satisfaire les besoins familiaux (alimentation, soins de santé,…).
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