Paix De Jesus 4, 5 & 6 Group
For the last seven years, Aristilde has run his grocery business selling rice, peas, and other goods. He would like to use this loan to invest, so as to bolster his business. He thinks that this loan will help him to have a larger business.
Other members of his group have need of a loan for businesses, such as selling charcoal, general merchandise, cosmetics, and grocery items. Aristilde says that his main challenges include the lack of sales, that too many people have asked him for credit, and the lack of economic activity.
Aristilde a dirigé son commerce epicerie dont il vend riz, pois et d'autre produits, pendant les 7 dernières années. Il voudrait utiliser cet emprunt pour investir pour renforcer son commerce. Aristilde pense que cet emprunt l’aidera à obtenir un plus grand commerce.
Des autres membres de sont groupe ont besoin d’un emprunt pour tels commerces comme le charbon, le produits divers et cosmetologie et des produits alimentaires. Aristilde dit que ses défi principal sont les manques d'achats et trop de personnes lui ont demande le credit et le manque des activites economiques.
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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