He has been a shopkeeper for 20 years (salt, sugar…)
This is his third loan from Turame. With the Kiva credit that he requests, he will increase his capital and buy large quantities of products for his shop (salt, sugar…) for resale, to earn more.
In the coming years, he would like to buy a car.
Il fait le commerce de boutique (sel, sucre,…) depuis 20 ans.
Il est à son troisième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter des articles de sa boutique en grande quantité(sel, sucre,…) à revendre pour gagner plus.
Dans les années prochaines, il voudrait acheter une voiture.
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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