Bouré Réffé Toukkel Group
Translated from French by Sarah Llewellyn, Kiva Volunteer.
Le groupement est un GIE de l'éco villave de palmarin qui sollicite un prêt pour des activités économique.
Afin de lutter contre la pauvreté, l'exode et l'immigration clandestine des jeunes en les aidant de par nos activités de pouvoir se dotter de matériel sur place en implantant un magasin de vente de divers matériel de pêche et autres.
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