Louange Limonade Group


Status: Paying Back

$3,875.00   Loan Amount
29% repaid

About the Group

Group Name: Louange Limonade Group
Group Members: Nelcia Guerrier
Lucienne Marcelus
Rosena Paul
Nelly St Hilaire
Philocia Aristid (not pictured)
Immencie Guerrier
Jimmy Bien
Rosie Felix
Nadege Jean
Magalie Blaise
Raoul Isidore
Josianne SainJuste
Luzancia Saint Hilaire
Violette Joseph (not pictured)
Sylvane Georges
RoseLourde Alcius
Rosemarie St. Louis
Evelyne Prevert (not pictured)
Clairzimene Eliacin
Marieyolle Joseph
Location: Trou-du-nord, Haiti
Activity: Food Stall

About the Loan

Loan Amount: $3,875.00
Loan Use: notebooks, pens, pencils, sugar, oil, rice, flour
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 18, 2009
Date Disbursed: Sep 2, 2009
Date Funded:Sep 19, 2009

About the Country

Country:Haiti
Avg Annual Income:$1,600.00
Currency:Haiti Gourdes (HTG)
Exchange Rate:39.7500 HTG = 1 USD




The “Louange Limonade” or “Praise of Limonade” Group is a made of twenty male and female entrepreneurs. They are all excited about expanding their current businesses with the reception of their first loan. The group has a variety of businesses from cosmetics to clothes and from seasonal items such as notebooks to ice in both large and small amounts. Nelcia Guerrier is one of four representatives of the group. She is a 36yr old wife and mother to three children.
Nelcia is very in touch with her community and accordingly varies her merchandise with seasons. She has a few staple products that she knows her clients always need, including sugar, flour, rice and oil. With the opening of school she said she will stock up on notebooks and other supplies for children going to school. She hopes to be able to grow her business and create more financial security for her family. On behalf of Nelcia, Louange, and Esperanza we thank you for your support.




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Journal entries for Louange Limonade Group


Loan has been disbursed
 
Entrepreneur: Louange Limonade Group
Location: Trou-du-nord, Haiti

Thank you for your loan. It has been disbursed to Louange Limonade Group, consisting of Nelcia Guerrier, Lucienne Marcelus, Rosena Paul, Nelly St Hilaire, Philocia Aristid, Immencie Guerrier, Jimmy Bien, Rosie Felix, Nadege Jean, Magalie Blaise, Raoul Isidore, Josianne SainJuste, Luzancia Saint Hilaire, Violette Joseph, Sylvane Georges, RoseLourde Alcius, Rosemarie St. Louis, Evelyne Prevert, Clairzimene Eliacin, Marieyolle Joseph by Esperanza International Dominican Republic, a partner of HOPE International in Haiti. We are excited to watch this business grow. Over the 5 months of this loan, Esperanza International Dominican Republic, a partner of HOPE International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Trou-du-nord, Haiti
Sep 20, 2009
Comments (2)

Kiva Help Repayment Schedule for Louange Limonade Group

  Expected Repayments Actual Repayments Comments
November 2009 $564.84 $564.84 Repayment Received
December 2009 $595.01 $595.01 Repayment Received
January 2010 $626.78 Available Jan 1  
February 2010 $660.24 Available Feb 1  
March 2010 $695.50 Available Mar 1  
April 2010 $732.63 Available Apr 1