Birashoboka Ii Group
Emmanuel has been selling meat for five years. He is on his third loan with Turame. With this Kiva-financed loan, he is going to increase his capital and buy a large quantity of meat, which he will resell to earn more.
In the coming years, he would like to become an important merchant and an importer of goods from Tanzania.
Il fait le commerce de viande depuis 5 ans.
Il est à son troisième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter une grande quantité de viande, à revendre pour gagner plus.
Dans les prochaines années, il voudrait devenir un grand commerçant, importateur des produits de la Tanzanie.
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