Dominican RepublicFoodFunding via Esperanza International Dominican Republic, a partner of HOPE International
Dominican RepublicRetailFunding via Esperanza International Dominican Republic, a partner of HOPE International
Dominican RepublicServicesFunding via Esperanza International Dominican Republic, a partner of HOPE International
Assurance De Phaeton 1, 2 & 3 Group
Jaccint has directed his fish business for the last nine years. He is married and has four children. Before starting this business, he was in school.
Jaccint would like to use this loan to invest in baskets. He hopes that this loan will help him to expand his enterprise.
The other members of Assurance have need of a loan for businesses involving charcoal, used clothing, and food.
Jaccint a dirigé son commerce de poisson pendant les 9 dernières années. Il est marie il a 4 enfants. Avant de commencer ce commerce Jaccint etait a l'ecole
Jaccint voudrait utiliser cet emprunt pour investir dans l´achat des paniers. Jaccint espère que cet emprunt l’aidera à agrandir son entreprise
Des autres membres Assurance ont besoin d’un emprunt pour tels commerces comme charbon, vetements usees et produits alimentaires
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