Dieu D'israel 2, 4 & 5 Group
Emmanuel will use this loan to invest in his cosmetics business, which he has been running for the past 8 years.
The other group members require funding for business activities such as the sale of charcoal and various other products.
Emmanuel’s main ambition is to become an important businessman, and his primary goal is to support his family.
Emmanuel voudrait utiliser cet emprunt pour investir à vendre le commerce du cosmetique. Des autres membres de Dieu D'Israel ont besoin d’un emprunt pour tels commerces comme charbon et produits divers. Emmanuel dit que son défi principal est devenir un grand commercant et son but principal son rêve est aider votre famille à faire face.
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