Domine has been buying and selling for 15 years. She is taking out her tenth loan from Turame. She will use this Kiva loan to increase her capital and start up a new business: buying gravel to re-sell. This will make her more money.
With the profits she makes from her business, Domine covers her children's school fees. She has paid healthcare costs since her hospitalization.
Elle fait le commerce des habits depuis 15 ans.
Elle est à son dixième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et commencer une nouvelle activité : acheter du gravier à revendre, pour gagner plus.
Avec les bénéfices de son commerce, elle assure les frais de scolarité des enfants .Elle a payé les frais de santé lors de son hospitalisation.
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