J. Baptiste has been selling local and industrial beers for two years. This is his first loan cycle with Turame, and he plans to use this credit to bolster his working capital and stock up on large quantities of local and industrial beers for resale. This will help to increase his revenue.
The profits earned through his activity will allow him to pay for his children’s tuition and clothing, and to provide for his family’s healthcare. In the coming years, he would like to buy a plot of land.
Il fait le commerce des bières locale et industrielle depuis 2ans.
C’est son premier crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter une grande quantité de bière locale et beaucoup de caisses de bière industrielle à revendre, pour gagner plus.
Grâce aux bénéfices de son commerce, il payera les frais de scolarité, les frais de santé de la famille et habillera ses enfants ans les prochaines années, il voudrait acheter une parcelle.
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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