Joachin has been selling vegetables, bananas, tomatoes, etc, for the past decade. He is asking for his twelfth loan from Turame. This loan will allow him to purchase a large quantity of food products to re-sell. In the future, he homes to own farm land and proper home. He would also like to see his children attend and finish school.
Il prend soin d’un enfant qui étudie.
Il fait le commerce de légumes, de bananes, de tomates,… depuis 10 ans.
Il est à son douzième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter une grande quantité de bananes, de légumes, à revendre pour gagner plus.
Dans les prochaines années, il voudrait avoir des champs à cultiver et avoir un habitat décent. Il voudrait en outre voir ses enfants étudier et terminer les études.
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