Dieu Seul Maitre Group
Alfred has worked selling food products for the past six years. He would like to use this loan to invest in his various food products, and hopes that the loan will help his business to grow
The other members of his group need a loan for various businesses, such as selling coal, miscellaneous products and cosmetics.
Alfred a dirigé son commerce vente des Produit alimentaires les dernières 6 années. Il voudrait utiliser cet emprunt pour investir dans divers produits alimentaires. Il espère que cet emprunt l’aidera à obtenir un plus grand commerce.
Des autres membres de sont groupe ont besoin d’un emprunt pour tels commerces comme le charbonné le produits divers et cosmetiques.
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