Damien has had a business selling beer and meat (goat) in his bistro for three years.
He is on his first loan at Turame. With this KIVA loan he is obtaining, he is going to increase his capital and buy many goats to sell meat, so as to earn more.
In the coming years, he would like to buy his own plot of land to build his own house. Aside from this, he would like to see his children go to school and complete their education.
Il prend soin d’un neveu qui étudie.
Il fait le commerce de la bière et de viande (chèvres) dans son bistrot depuis 3ans.
Il est à son premier crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup de chèvres pour la vente de viande, afin de gagner plus.
Dans les prochaines années, il voudrait acheter sa propre parcelle pour construire sa propre maison. Il voudrait en outre voir ses enfants étudier et terminer les études.
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