Philamar is the coordinator of his group Echo Mysterieux de Miniere. He lives in the Miniere region of Haiti, where electricity is rare and water is very limited. He is not married. He is the father of fifteen children. Philamar has had a furniture-making business for the last five years. Before starting (carpentry), he was only a farmer.
Philamar would like to use this loan to invest in hardware. He hopes that this loan will help him to expand his business. The other members of the group have need of a loan for such businesses as charcoal and grocery items. Philamar says that his main goal is to expand his business and to own a means of transporting his materials.
Philamar est le coordinateur de son groupe Echo Mysterieux de Miniere. Ils habite dans la région de Miniere d’Haiti où de l’éléctricité est rare et de l’eau est très limité. Il n'est pas marie il est pere de 15 enfants. Philamar a dirigé son business de menuisier pendant les 5 dernières années. Avant de commencer (menuiserie), il etait a cultivateur seulement.
Philamar voudrait utiliser cet emprunt pour investir avec duit du quincaillerie. Il espère que cet emprunt l’aidera à agrandir son business. Des autres membres du groupe ont besoin d’un emprunt pour tels commerces comme charbon et produits alimentaires. Philamar dit que son but principal est agrandir son business et être possede un moyen pour transporter les materiels.
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.