Diyite De Piste 1, 2 & 3 Group
Luma has been running his business for the past 15 years. Prior to this, he sold foodstuffs and carbonated beverages. He would like to use this loan to invest in his business by stocking up on carbonated beverages.
Other group members require funding for business activities such as the sale of charcoal and various other products.
Luma’s main goal is to expand his business.
Luma a dirigé son commerce pendant les dernières 15 années. Avant de commencer ce commerce, il vent des produits alimentaires et boissons gaseuse. Elle voudrait utiliser cet emprunt pour investir à l`achat des boissons gaseuse. Des autres membres de (son de groupe) ont besoin d’un emprunt pour tels commerces comme le charbon et divers produits. Luma dit que son but principal est d'avoir un plus grand commerce.
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