He is seeking a Kiva loan to boost his capital and to purchase a number of items for his shop which he will sell on to his customers. His aim is to put some savings aside and to grow his business. He wishes to reach the stage where he can import goods in large quantities from other countries, such as Uganda and others.
He is a member of the Komeza community association.
Il demande le crédit Kiva pour accroitre son capital en achetant beaucoup d’articles pour sa boutique et les revendre a ses clients dans l’espoir de réaliser de grandes épargnes et ainsi accroitre son business. Il espère arriver au stade d’importer de grandes quantites en provenance des autres pays de la sous-région comme l’Ouganda et ailleurs.
Il est un des membres du groupe Communautaire« Komeza».
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