Twikenure Ii Group
Rashidi has sold paint and putty for nine years. This will be his fifth loan with the field partner, Turame. He will use his loan to increase his capital and buy 300 litres of paint and 10 boxes of putty for resale. In this way, he hopes to earn more.
In the future, Rashidi would like to build a house and ensure that all his children attend school.
Il fait le commerce de peinture et de mastic depuis 9 ans.
Il est à son cinquième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter 300l de peinture et 10 boîtes de mastic, à revendre pour gagner plus.
Dana les prochaines années il voudrait construire une maison 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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