Félix sells photography services and this is his fourth loan from Turame. With his Kiva loan, he will increase his capital and buy a professional digital camera to attract more customers in order to earn more money.
In the years to come, he would like to buy a plot of land and build a house, and see his children continue their studies.
Il vend le service de photographie.
Il est à son quatrième crédit à Turame. Avec le crédit Kiva qu’il obtient, il va augmenter son capital et acheter un appareil photo numérique professionnel pour attirer beaucoup de clients afin de gagner plus.
Dans les années à venir, il voudrait acheter une parcelle, puis construire une maison et voir ses enfants continuer les études.
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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