Salem De Ouanaminthe Group
Micheline would like to use this loan to invest in the purchase of used clothing. She hopes that this loan will help her to expand her business. The other members of SALEM have need of a loan for such businesses as selling charcoal, rice, and used clothing.
Micheline says that her main challenge is a lack of constant customers and that her main goals include growing her business. Her dream is to buy a truck to transport merchandise.
Elle voudrait utiliser cet emprunt pour investir dans l’achat des vetements uses. Micheline espère que cet emprunt l’aidera à agrandir son business. Les autres membres Salem ont besoin d’un emprunt pour tels commerces comme vendre du charbon, du riz et des vetements uses.
Micheline dit que son défi principal est manque d’acheteur constant dit que ses buts principaux sont l’augmentation du business. Son rêve est l’achat d’un camion pour transporter les marchandises.
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.
7View loans »
Success!! The loan was 100% repaid