Alexandre has been selling small livestock for 4 years. This is his 3rd loan from Turame. His Kiva-sponsored loan will increase his capital and enable him to buy 5 more goats. All of his livestock will be sold, so that he can earn more. In the coming years, he would like to start breeding livestock, build a house, and ensure that his children can keep studying.
Il est commerçant de petit bétail depuis 4 ans.
Il est à son troisième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter cinq chèvres supplémentaires; tout le bétail sera vendu, pour gagner plus.
Dans les prochaines années, il voudrait pratiquer l’élevage, construire une maison et que ses enfants étudient.
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