Désiré has been doing commerce in clothing for ten years.
He is on his 14th loan with Turame. With the KIVA loan he is obtaining, he is going to increase his capital and purchase a lot of clothing to resell, so as to earn more.
In the coming years, he would like to purchase a parcel of land and build a house.
Il fait le commerce des habits depuis 10 ans.
Il est à son quatorzième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capitale et acheter beaucoup d’habits à revendre, pour gagner plus.
Dans les années à venir, il voudrait acheter une parcelle et construire une maison.
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