Duzikivi Ii Group
Xavia has worked selling store items (rice, palm oil, tobacco) for 2 years, and this is his third loan from Turame. With the Kiva loan he receives, he plans to increase his capital and buy lots of items for his store (rice, palm oil, tobacco), which he will resell to earn more. Over the coming years, Xavia would like to open a store and see his children continue studying.
Il fait le commerce de boutique (riz, huile de palme, tabac,…) depuis 2 ans.
Il est à son troisième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter beaucoup d'articles de sa boutique(riz, huile de palme, tabac,…) à revendre pour gagner plus.
Dans les prochaines années, il voudrait ouvrir une boutique 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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Success!! The loan was 100% repaid