This is his tenth loan application with Turame. He plans to use the funds to bolster his working capital to buy many more heads of livestock and lots of meat, which he will sell to increase his revenue.
In the short term, he plans to remarry and open a shop.
Juvenal fait partie du groupe Buheta.Il est âgée de 43 ans, il est veuf. Il n’a pas d’enfant.
Il est commerçant de bétail, de bière et brochette (viande).
Il est à son dixième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital en achetant un nombre élevé de bétail et une grande quantité de viande, à revendre pour gagner plus.
Dans les jours à venir, il compte se remarier et ouvrir une boutique.
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