J. d'Arc has been selling tomatoes for four years. She is on her fourth loan with Turame. With this Kiva-financed loan, she is going to increase the amount of tomatoes she resells to earn more.
In the coming years, she would like to build a nice house.
Elle fait le commerce de tomates depuis 4 ans.
Elle est à son quatrième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter la quantité de tomates à revendre, pour gagner plus.
Dans les années à venir, elle voudrait se construire une belle maison.
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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