Elisha has been selling bananas for 14 years. This is his first loan with Kiva's partner, Turame. He will use this Kiva loan to bolster his working capital and rent a banana field, in order to have a lot of bananas to sell and increase his income.
In the forthcoming years, he would like to buy a banana field and see his children study.
Il fait le commerce de bananes depuis 14 ans.
C’est son premier crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et louer un champ de bananes, pour avoir beaucoup de bananes à revendre pour gagner plus.
Dans les prochaines années, il voudrait acheter un champ de bananes et voir ses enfants étudier.
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.
2View loans »
Success!! The loan was 100% repaid