Jeg Diam Group
However, a significant proportion of fruits and vegetables is currently wasted after harvest due to lack of conservation technologies. That is why we come to Kiva to request a loan for purchase of equipment for processing fruits(mangoes, ditakh) and vegetables. It is a business that we mastered in view of the fact that we have been well trained. After processing the fruits, we will sell them in the following way:-
- sterilized: fruits in syrup, jam, compote
- fresh and ready for the consumers
- stérilisés : fruits au sirop, confitures, compotes
- frais prêts à l'emploi à destination des consommateurs
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