Manassé has been doing commerce in meat for 27 years.
He is on his third Turame loan. With the KIVA loan he is obtaining, he is going to increase his capital and purchase many cows to slaughter in order to earn more when the meat is sold.
In the coming years, he would like to purchase a parcel and some land to practice farming. In addition, he would like to see his children go to school.
Il fait le commerce de viande depuis 27 ans.
Il est à son troisième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup de vaches à abattre pour gagner plus, lors de la vente de la viande.
Dans les années à venir, il voudrait acheter une parcelle et un terrain pour pratiquer l’agriculture. Il voudrait en outre 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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