Eric is part of the group Vyagiza and lives in Bujumbura. He is 26 years old and married to Aline, a tailor. Together they have one child, who is 3 years old.
Eric has been doing commerce in shop goods (beans, rice, soy flour, ..) for a year.
He is on his second Turame loan. With the KIVA loan he is obtaining, he is going to increase his capital and to purchase 50 kg of beans, 10 kg of soy flour, and 80 kg of rice to resell, so as to earn more
In the coming years, he would like to buy a motorbike and to see his children educated.
Eric fait partie du groupe Vyagiza et habite à Bujumbura. Il a 26 ans et est marié à Aline, un tailleur. Ensemble ils ont 1 enfant de 3ans.
Il fait le commerce de boutique (haricot, riz, farine de soja,…) depuis 1 an.
Il est à son deuxième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter 50 kilos de haricot, 10 kilos de farine de soja et 80 kilos de riz à revendre pour gagner plus.
Dans les prochaines années, il voudrait acheter une moto 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.