Restauration De Mon Repos Group
Francisque has been managing his charcoal business for the past seven years. He would like to use this loan to invest in his business. He hopes that the loan will help him to expand his business. The other members of the Restauration group need a loan for businesses such as charcoal and groceries. Francisque says that his main challenge is to expand his business and his principal objective is to be a businessman.
Francisque habite dans la région de Restauration d’Haiti où de l’éléctricité est rare et de l’eau est très limité.
Francisque a dirigé son commerce de charbon pendant les 7 dernières années. Il voudrait utiliser cet emprunt pour investir dans le commerce. Francisque espère que cet emprunt l’aidera à agrandir son entreprise
Des autres membres RESTAURATION ont besoin d’un emprunt pour tels commerces comme charbon et produits alimentaires. Francisque dit que ses défis principal est d'agrandir son entreprise. Francisque dit que son but principal sont un homme d'affaires.
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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