Dukerebuke K A Group
He has been selling clothing for six years. He is on his fifth loan with Turame. Thanks to the Kiva loan he will bolster his working capital. He will purchase a lot of clothing to resale in order to earn more.
In the years to come, he would like his children to continue their studies and his family situation to improve so that they can exit from poverty.
Il est commerçant de vêtements depuis 6 ans.
Il est à son cinquième crédit à Turame. Avec le crédit Kiva qu’il obtient, il va augmenter son capital de son commerce. Il va acheter beaucoup de vêtements à revendre, afin de gagner plus.
Dans les prochaines années, il voudrait que ses enfants continuent les études, que la situation familiale s’améliore et sortir de la pauvreté
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