The Kiva-sponsored loan he receives will increase his capital and allow him to buy a lot of products (beans, rice, sugar, etc.) to resell in his shop so that he can earn more money. In the coming years, he would like to build some houses to rent out.
Il fait le commerce de véhicule, offre le service de transport par taxi, il a aussi une boutique(haricot,riz,sucre,...) depuis 4 ans.
Il est à son septième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup d’articles de sa boutique(haricot,riz,sucre,...), à revendre pour gagner plus.
Dans les prochaines années, il voudrait construire des maisons à faire louer.
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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