Dukore I Group
Jean has been selling grocery products (rice and beans) for the past 16 years.
He is on his eighteenth loan with Turame. With this loan, financed by Kiva, he will increase his capital and buy a large quantity of grocery products (beans, rice) for resale, in order to make more money. In the coming years, he would like to build a house in the city.
Il a sous sa charge une jeune fille.
Il fait le commerce de boutique (riz et haricot) depuis 16 ans.
Il est à son dix-huitième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter une grande quantité d’articles de sa boutique (haricot, riz) à revendre, pour gagner plus.
Dans les prochaines années, il voudrait construire une maison en ville.
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