She has been trading planks and nails for the past four years.
This is her third credit loan with Turame. With the KIVA credit she obtains, she will increase her capital and buy 200 planks, 100 boards and 100 rafters for resale, to earn more.
In coming years, she would like to build a house on her land-plot and have her children pursue their education.
Elle fait le commerce de madriers et des clous,…depuis 4 ans.
Elle est à son troisième crédit à Turame. Avec le crédit KIVA qu’elle obtient, elle va augmenter son capital et acheter 200 madriers, 100 planches et 100 chevrons à revendre pour gagner plus.
Dans les prochaines années, elle voudrait construire une maison sur sa 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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Success!! The loan was 100% repaid