He requests a Kiva loan to supplement his capital funds with the goal of purchasing large quantities of green beans. He will increase his supply for sale and it will increase his earnings. He hopes that with the profits earned with the help of this loan he will be able to develop his business enough to provide for his family's needs.
He is a member of the group named "Turambane".
Il demande le crédit Kiva pour accroitre son capital en achetant de grandes quantités de de haricot pour accroitre son stock à vendre et ainsi pouvoir accroitre ses économies. Il espère qu’avec les économies réalisées avec ce credit, il sera un grand commerçant en étant à mesure de subvenir aux besoins familiaux.
Il est membre du groupe Communautaire« Turambane».
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