He has been selling corn for 15 years.
This is his first loan from Turame. With his Kiva credit, he will increase his capital and buy a large quantity of corn for resale, in order to earn more.
In the years to come, he would like to cultivate rice and see his children grow up.
Il fait le commerce de maїs depuis 15 ans.
C’est son premier crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter une grande quantité de maїs à revendre, pour gagner plus.
Dans les années à venir, il voudrait faire la culture du riz, 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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