- BurundiFoodFunding via Turame Community Finance, a partner of World Relief and HOPE International
- BurundiRetailFunding via Turame Community Finance, a partner of World Relief and HOPE International
- BurundiClothingFunding via Turame Community Finance, a partner of World Relief and HOPE International
Pétrone has been doing commerce in cassava flour and cornmeal for three years.
She is on her 12th loan at Turame. With the KIVA loan she is obtaining, she is going to increase her capital and purchase a large amount of dried cassava to process into flour, so as to earn more from her sales.
Elle fait le commerce de farine de manioc et de maïs depuis 3 ans.
Elle est à son douzième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capitale et acheter une grande quantité de manioc sec à transformer en farine, à revendre pour de 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