Confiance En Dieu Group
The Confiance en Dieu is a made up of fifteen male and female entrepreneurs. After successfully repaying their first and second loans, they are looking forward to continued success and growth for their businesses with their third loan. Francisque S. is the general president of the group. He is 41 years old, married, and has nine children ranging from four to 18 years old.
The hardworking dad is a long-time business person who splits his time between two business activities. He makes cement blocks for the construction of houses, and he also makes charcoal. He will often purchase either wood to make the charcoal or already prepared charcoal to resell in the big city. He is thankful for the presence of Esperanza in the area because they have allowed many people to get back on their feet. He prays for not only the organization, but his fellow associates to grow. On behalf of Francisque, Confiance en Dieu, 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