Belle Famille Group
She has been selling pagnes [colorful African fabric] for 3 months.
She is on her tenth loan with Turame. With the Kiva loan that she receives, she is going to increase her capital and buy a lot of pagnes to resell to make more.
Elle fait le commerce de pagnes depuis 3 mois.
Elle est à son dixième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter beaucoup de pagnes, à revendre pour gagner plus.
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