Rose has been doing commerce in palm oil for twelve years.
She has been a Turame client for seven years. With the KIVA loan she is obtaining, she is going to increase her capital and purchase fifteen 20-liter containers of palm oil to resell, so as to earn more.
In the coming years, she would like to purchase a parcel of land and see her children educated.
Elle fait le commerce d’huile de palme depuis 12 ans.
Elle est cliente à Turame depuis 7 ans. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter 15 bidons d'huile de palme de 20 litres chacun, à revendre pour gagner plus.
Dans les prochaines années, elle voudrait acheter une parcelle et voir ses enfants étudier.
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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