Mwizero Ii Group
He has been a shopkeeper for 4 years.
He is on his third loan with Turame. With the Kiva loan that he is receiving, he is going to increase his capital and buy a large quantity of beans and rice to resell in his shop, to make more.
In the coming years, he would like to buy a plot of land for his children and see his children study.
Il fait le commerce de boutique depuis 4ans.
Il est à son troisième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter une grande quantité de haricot et du riz à revendre dans sa boutique, pour gagner plus.
Dans les prochaines années, il voudrait acheter une parcelle pour ses enfants et voir ses enfants étudier.
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