Emmanuel is on his seventh loan with Turame. With the Kiva loan he receives, he will grow his capital and buy a large quantity of flour, chemical fertilizer, and lemonade to resell so as to earn more.
In the coming years, he would like to get into a modern livestock-raising business, build a house, and see his children studying.
Il a sous sa charge 2 enfants membres de sa famille élargie. Ces enfants étudient.
Il fait le commerce des engrais chimiques, de la limonade, de la farine,... depuis 8 ans.
Il est à son septième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter une grande quantité de farine, d’engrais chimique, de la limonade, à revendre pour gagner plus.
Dans les prochaines années, il voudrait faire un projet d’agro-élevage moderne, construire une maison 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