Refuge De Dumas 1, 2, 3 & 4 Group
Cantave has been raising cattle for the past 5 years. He plans to use his loan to purchase oxen, and he hopes that this credit will help him to expand his business. Other members of the Refuge group require loans for such businesses as selling charcoal, rice and fish.
Cantave’s main goal is the expansion of his business, and his dream is to buy a motorcycle to transport animals.
Cantave a dirigé son business pendant les 5 dernières années. Cantave voudrait utiliser cet emprunt pour investir dans l’achat des boeufs. Cantave espère que cet emprunt l’aidera à agrandir son business.
Des autres membres de les refuge ont besoin d’un emprunt pour tels commerces comme vendre du charbon, du riz et du poisson.
Cantave dit que ses buts principals sont l’augmantation du bussiness. Son rêve eS. l’achat d’une moto pour transporter les animaux.
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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