J. Claude has been running a business selling banana beer and other goods for ten years.
This is his first loan from Turame. With his Kiva loan, he will increase his capital and buy a large quantity of bananas to produce many litres of banana beer, as well as 75kg of beans, which he will resell in order to earn more.
In the next few years, J. Claude would like to build houses to let, purchase a cow and see his children continue their studies.
Il fait le commerce de boutique et de bière de banane depuis 10 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 bananes pour produire beaucoup de litres bière de banane et 75 kg de haricot, à revendre pour gagner plus.
Dans les prochaines années, il voudrait construire des maisons à faire louer, acheter une vache 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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