Lavenie De Ferrier 2 & 4 Group
Belius has managed his business for the past 16 years. Before setting it up, he sold groceries and fizzy drinks. He would like to use this loan to invest in the purchase of charcoal and hopes it will help him to expand his business. This is his main objective.
Belius a dirigé son commerce pendant les 16 années. Avant de commencer ce commerce, il vendu des produits alimentaires et boissons gaseuse. Belius voudrait utiliser cet emprunt pour investir à l`achat des charbon. Il espère que cet emprunt l’aidera à obtenir un plus grand commerce, c'est aussi l'objectif principal.
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