He is on his second Turame loan. With this KIVA loan he is obtaining, he is going to increase his capital and purchase many cases of beer and lemonade to sell, so as to earn more.
In the coming years, he would like to become a wholesale merchandise selling beer and lemonade and to see his children go to school.
Il fait le commerce de bière et de limonade depuis 9 ans.
Il est à son deuxième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup de casiers de bière et de limonade à revendre , pour gagner plus.
Dans les prochaines années, il voudrait devenir un commerçant grossiste de bière et de limonade; 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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Success!! The loan was 100% repaid