Antoine is the coordinator of his group Tet Fret de Dumas. He is a merchant and lives in the Dumas region, where electricity is rare and water is very limited. Antoine has been running his general store for ten years. Before starting this business, he used to be a student.
Antoine would like to use this loan to invest in charcoal, etc. He hopes that this loan will help him to expand his business. Some other active members have need of a loan for such business as selling food, cosmetics, charcoal, etc. Antoine says his main goal and dream is to own a big business through his capital and by the grace of God.
Antoine est le coordinateur de son groupe Tet Fret de Dumas. Il est un commercant. Il habite dans la région de Dumas où de l’électricité est rare et de l’eau est très limité. Antoine a dirigé son commerce de produit divers pendant 10 années. Avant de commencer ce commerce Antoine était un Etudiant.
Antoine voudrait utiliser cet emprunt pour investir dans le charbon etc. Il espère que cet emprunt l’aidera à agrandir son business. Des autres membres militant ont besoin d’un emprunt pour tels commerces comme nourriture, cosmetiques, charbon, etc. Antoine dit que son but principal et son rêve c'est possède un gros business avec son fond et par la grâce de Dieu.
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.