Coeur Angelique Group
For the past ten years, he has worked as a supplier and managed his own business.
He would like to use this loan to invest in the purchase of wood and charcoal.
Other members of the group also need a loan to do retail business and to sell food products and cosmetics.
Elardain says that his dream is to expand his business in order to be able to buy a truck to carry his merchandise.
Elardain a dirigé son commerce de Fournisseurs pendant les 10 dernières années. Elardain voudrait utiliser cet emprunt pour investir à plus de bois et du charbon
Des autres membres du groupe ont besoin d’un emprunt pour tels commerces comme vendre des produits alimentaires et des produits cosmetique
Elardain dit que son rêve est d’agrandir son commerce pour qu’il achète une camion pour le transport des 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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