Claver has been doing commerce in clothing for two years.
He is on his eighth loan with Turame. With this KIVA loan he is obtaining, he is going to increase his capital and purchase a lot of clothing to resell, in order to earn more
In the coming years, he would like to increase his capital to purchase several types of clothing. Furthermore, he would like to see his children lead a good life and continue in their studies.
Il a sous sa charge un orphelin.
Il fait le commerce des habits depuis 2 ans.
Il est à son huitième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup d’habits à revendre, pour gagner plus.
Dans les années à venir, il voudrait augmenter le capital pour acheter des habits de plusieurs types. Il voudrait en outre voir ses enfants mener une bonne vie et continuer 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