Lavi Miyo De Savann Okan 1 & 2 Group
Marie would like to use this loan to invest in selling miscellaneous products. She hopes this loan will help her to obtain bigger business. Other members of Lavi Miyo need a loan for businesses selling food and cosmetic goods. Marie says that her dream is to have a grocery store.
Marie voudrait utiliser cet emprunt pour investir dans des vente des produits divers. Elle espère que cet emprunt l’aidera à obtenir un plus grand commerce. Des autres membres de Lavi miyo ont besoin d’un emprunt pour tels commerces comme vente de produits alimentaires et cosmétiques. Marie dit que son rêve est obtenir une epicerie.
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