Dukundane Ii Kb Group
He has been selling auto spare parts (turn signal lights, bulbs etc) for 10 years. He is on his second loan with Turame. Thanks to the Kiva loan, he will bolster his capital and stock up on auto spare parts (turn signal lights, bulbs etc) for resale in order to earn more. In the future, he would like to buy a plot of land and provide for his children’s education.
Il prend soins de 2 personnes adultes.
Il fait le commerce des pièces de rechange auto (clignotants, ampoules,…) depuis 10 ans.
Il est à son dixième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup de pièces de rechange (clignotants, ampoules,…) à revendre pour gagner plus.
Dans les années à venir, il voudrait acheter une parcelle et voir ses enfants étudier.
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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