Théus does business in bananas and pineapple. At the same time, he has sold transport services as a taxi driver for 13 years.
He is on his third loan from Turame. With the Kiva loan that he receives, he is going to increase his capital and buy a lot of bananas and pineapples to resell, to earn more.
In the coming years, he would live to build his own house on his plot.
Il fait le commerce de bananes, d'ananas,… ; en même temps il vend le service de transport par taxi, depuis 13 ans.
Il est à son troisième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup de bananes, d’ananas,… à revendre, pour gagner plus.
Dans les années à venir, il voudrait construire sa propre maison sur sa parcelle.
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