Deborah De Samarie 1, 2, 4 & 5 Group
Erno hopes that this loan will help him to open a large shop, because he is currently selling his goods at the market.
The other members of the "Deborah de Samarie 1, 2, 4 & 5" group need the loan for their own businesses, selling products like food, shoes and charcoal. Erno says that his dream is to earn more money so that he is in a position to buy higher quality products in larger amounts for a cheaper price.
Erno espère que cet emprunt l’aidera à ouvrir une grande Boutique parce que maintenant il vendre ses Produits dans la marche. Des autres membres Deborah ont besoin d’un emprunt pour tels commerces vendre des produits Alimentaires, chaussures, et charbon. Erno dit que sa rêve est de gagner plus argents pour que il achète plus des produits moins chers et d’une meilleure qualité.
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