Puissance De Philibert 3, 5 & 6 Group
She would like to use this loan to invest in charcoal. The other members of the group need loans for businesses such as selling groceries, cosmetics, clothes, shoes and charcoal.
Judith says that her main challenge is the lack of steadfast buyers as a result of unemployment; some people do not have enough money to buy things they need.
Elle voudrait utiliser cet emprunt pour investir dans le charbon. Des autres membres Du groupe ont besoin d’un emprunt pour tels commerces comme vendre des produits alimentaires, cosmétiques, vêtements, chaussureset du charbon.
Judith dit que son défi principal est manque d’acheteurs constants a cause du chômage. et certains n'ont pas beaucoup d'argent pour acheter des choses dont ils ont besoin.
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