He has been selling "Primus" beer for three years now.
He is on his second loan from Turame. With the Kiva loan that he receives, he is going increase his capital so that he can buy lots of cases of "Primus" beer to resell and earn more money.
In the coming years, he would like to buy his own plot of land.
Il fait le commerce de la bière "Primus" depuis 3ans.
Il est à son deuxième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital pour acheter beaucoup de caisses de bière "Primus" à revendre pour gagner plus.
Dans les prochaines années, il voudrait acheter sa propre parcelle.
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