Monfort, age 38, is a member of the Tunamerimwe group and he lives in Gitega. He is married to a farmer named Marie. They have 6 children aged 1 to 14, three of whom attend school.
Monfort has been selling clothing for seven years. He became a client of Turame three years ago. He will use his loan to bolster his working capital and stock up on clothing to increase his sales and revenue.
In the coming years, he would like to build a nice house, and for his children to pursue their education.
Monfort fait partie du groupe Tunamerimwe et habite à Gitega. Il a 38 ans et est marié à Marie une cultivatrice. Ensemble ils ont 6 enfants âgés de 1 à 14 ans dont 3 étudient.
Il fait le commerce des habits depuis 7 ans.
Il est client de Turame depuis 3 ans. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup d’habits à revendre pour gagner plus.
Dans les prochaines années, il voudrait construire une belle 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.