Twubake Ii Group
Vincent has been breeding livestock and selling sorghum beer for 6 years. This will be his second loan from Turame. His Kiva-sponsored loan will increase his capital and allow him to buy a large quantity of sorghum with which to make many litres of beer for resale, so that he can earn more money. In the coming years, he would like to buy some cows to strengthen his breeding business.
Il est éleveur et commerçant de bière de sorgho depuis 6 ans.
Il est à son deuxième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter une grande quantité de sorgho pour préparer beaucoup de litres de bière à vendre, pour gagner plus.
Dans les prochaines années, il voudrait acheter des vaches pour consolider son élevage.
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