Elie sells spare parts for radios and also provides a battery-charging service. This is his 5th loan with Turame. His Kiva-sponsored loan will increase his capital and allow him to buy a battery charger and replacement parts for radios for resale, so that he can earn more.
Il prend soin de son neveu qui étudie.
Elle fait le commerce des pièces de rechange, de postes de radio et il vend aussi le service de charge batterie.
Il est à son cinquième crédit à Turame. Avec le crédit KIVA qu’il obtient, elle va augmenter son capital et acheter un chargeur batterie et de pièces de rechange de poste de radio à revendre, pour gagner plus.
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