Sere Pou Choche Group
Delcame P. is one of four representatives of the group. He is a happily married father of two small children. The hardworking family man works with his wife to buy used clothing and footwear in the big city to sell in the rural areas. He often works with his wife to monitor the selling while he is able to purchase in the city, thus allowing the business to always be operating. He admits that times have been tough but the loan was a blessing. He says sending his six-year-old son to school is easier and even though the meals his family eats aren’t extravagant, they are consistent. He attributes the recent development in the area to the presence of Esperanza’s work in the area.
On behalf of Sere Pou Choche, Delcame, and Esperanza we thank you for your support.
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