He sells drinks (Primus, Amstel, local beer, lemonade) in his bistro. He has completed 10 loans with Turame. With the Kiva loan he will obtain, he will increase his stock by buying extra cases of beer (5 cases), bananas for making up the local beer; and finally a portion of the loan will be used to pay the rent on his workplace.
Salvator would like his children to study and to complete their education; thus they will be able to look after themselves in the future. In the years to come, he would like to buy a plot of agricultural land; and he would also like his wife to stop working in agriculture and join him in his business.
Il fait le commerce des boissons (Primus, Amstel, bière local, limonade) dans son bistrot.
Il est à son 10 crédits à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital en achetant des casiers de bière supplémentaires (5 casiers), des bananes pour la préparation de la bière locale et enfin une autre partie du crédit va servir à payer le loyer du lieu de travail.
Salvator voudrait que ses enfants étudient et terminent les études; ainsi ils parviendront à se faire vivre.
Dans les années à venir, il voudrait acheter un terrain pour l’agriculture et que sa femme quitte l’agriculture pour le rejoindre dans le commerce.
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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