Dieu D'abraham De Meyak 2 & 3 Group
Lucien has been running his business for the last 6 years. Before that, he was in school. He would like to use this loan to invest in the purchase of food products. Lucien hopes that this loan will help him expand his business. The other group members need the loan for business activities such as selling coal, rice, and used clothing.
According to Lucien, his greatest challenge is the lack of a steady flow of customers. His main goal is to expand his business. He dreams of buying a truck to transport merchandise.
Lucien a dirigé son business pendant les 6 dernières années. Avant de commencer ce commerce, il etait a l’ecole. Il voudrait utiliser cet emprunt pour investir dans l’achat du produits alimentaires.
Lucien espère que cet emprunt l’aidera à agrandir son business. Les autres membres Dieu d’abraham ont besoin d’un emprunt pour tels commerces comme vendre du charbon, du riz et des vetements uses.
Lucien dit que son défi principal est manque d’acheteur constant dit que ses buts principaux sont l’augmantation du bussines. Son rêve est l’achat d’un camion pour transporter les marchandises.
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