Ushindi Ii Group
Emmanuel has been selling dry goods and clothes for 16 years. This is his fifth loan from Turame. With his Kiva loan, he will increase his capital and buy a large quantity of rice, beans and clothes to resell in order to earn more. In the next few years, he would like to build a house from durable materials and see his children study.
Il a sous sa charge un étudiant, membre de sa famille élargie, qui étudie et sa tante.
Il fait le commerce de boutique(riz, haricot,...) et des habits depuis 16 ans.
Il est à son cinquième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter une grande quantité de riz, de haricot, et beaucoup d’habits à revendre pour gagner plus.
Dans les prochaines années, il voudrait construire une maison en matériaux durables 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.
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