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Grand Bassin Rayon D Espoir Group
In this Group: Gamy, Willia, Elm Ose, Molene, Anise, Kesnel, Delivirencia, Icionise, Elismene, Anna Charite, Julmice, Jeannette, Enise, Delimene, Silianise, Claudy, Bertha, Lianne, Malouse, Violette
The “Rayon D’espoir” or Ray of Hope group is made of twenty male and female entrepreneurs. The group not only represents a variety in both ages of the representatives but also the types of businesses they have. The youngest of the group is under twenty years old and the eldest of the group is above sixty years old. The business range from furniture and door making, to sales of used clothing and sandals, and to a restaurant with international clientele that is on the boarder of the Dominican Republic and Haiti. Gamy J. P. is a representative of the group and also the youngest associate at 19yrs old.
Gamy, who has worked on construction and specialized in door making for some year, will use this loan to buy wood, tools and sheet metal to create a place of business for himself. He is very enthusiastic about starting out a business of his own and realizes it will require hard work and patience to be successful. He looks forward to being able to help his family, parents and siblings, and prepare a future for himself. On behalf of Gamy, Rayon D’espoir, and Esperanza we thank you for your support.

Additional Information

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.

About Haiti

  • $1,600
    Average annual income
  • 2
    View loans »
    Haiti Loans Fundraising
  • $1,837,475
    Funds lent in using Kiva
  • 39.8
    Haiti Gourdes (HTG) = $1 USD

Success!! The loan was 100% repaid

A portion of Grand Bassin Rayon D Espoir Group's $4,050 loan helped a member wood, tools and sheet metal.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2009
Listed
Sep 1, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010