Restauration De Mon Repos Group
Francisque lives in the Mon Repos region in Haiti, where electricity is rare and water is very limited.
Francisque has been in the business of selling coal for the last 7 years.
Francisque would like to use this loan to invest in more wood to make coal.
Other members of Restoration need a loan for businesses including selling food products and coal.
Francisque says that his main challenge is the lack of regular customers because of unemployment.
Francisque says that his dream is to expand his business to be able to buy a motorcycle taxi and also a truck to facilitate sales.
Francisque habite dans la région de Mon Repos d’Haïti où de l’électricité est rare et de l’eau est très limitée.
Francisque a dirigé son commerce de Charbon pendant les 7 dernières années.
Francisque voudrait utiliser cet emprunt pour investir à plus de Bois pour faire le charbon
Des autres membres de Restauration ont besoin d’un emprunt pour tels commerces comme vendre des produits alimentaires et du charbon.
Francisque dit que son défi principal est manque d’acheteurs constants a cause de chômage.
Francisque dit que son rêve est d’agrandir son commerce pour qu’il achète un moto pour le taxi et aussi un camion pour faciliter le commerce.
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