He has been selling banana beer for 19 years.
This is his 14th loan from Turame. With the Kiva credit that he requests, he intends to increase his capital and buy a large quantity of bananas for the preparation of many litres of banana beer for resale, to earn more.
In the coming years he hopes to buy a plot of arable land and see his children study.
Il fait le commerce de bière de banane depuis 19 ans.
Il est à son quatorzième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter une grande quantité de bananes pour préparer beaucoup de litres de bière de banane à revendre pour gagner plus.
Dans les prochaines années, il voudrait acheter un terrain cultivable 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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