Duterintambwe I Group
Christophe has been selling eucalyptus for eight years. He is seeking his thirteenth loan from Turame. With this Kiva's loan, he will bolster his working capital and buy a large eucalyptus plantation, in order to sell a lot of eucalyptus and increase his income.
In the forthcoming years, he would like to see his children study and buy some land lots.
Il fait le commerce d'eucalyptus depuis 8 ans
Il est à son treizième crédit à Turame. Avec le crédit KIVA qu’il obtient, il va augmenter son capital et acheter une grande plantation d’eucalyptus,pour la revente de beaucoup d’eucalyptus, pour gagner plus.
Dans les prochaines années, il voudrait voir ses enfants étudier et leur acheter des lopins de terre.
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