Juvénal has been selling Primus beer, banana wine, and meat kebabs in his pub for thirteen years.
He is on his eighth loan with Turame. With this KIVA loan he is obtaining, he is going to increase his capital and purchase many cases of Primus beer, a large quantity of banana wine, and some meat for making kebabs to sell in his pub, so as to earn more.
In the coming years, thanks to the profit from his business, he would like to start a modern livestock farming enterprise and to buy a motorbike.
Il fait le commerce de la bière Primus, vin de banane, des brochettes dans son bar depuis 13 ans.
Il est à son huitième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup de caisses de bière Primus, une grande quantité de vin de banane et de viande pour la préparation de brochettes, à revendre dans son bar, pour gagner plus.
Dans les prochaines années, grâce aux bénéfices de son commerce, il voudrait entreprendre l’élevage moderne et acheter une moto.
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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