Anise is a hard-working and dedicated mother who lives alone with her three children (ages 8, 5, 2) in Trou-du-Nord, Haiti. With this loan, she wants to buy used clothing to begin selling in her community. She told us that life in Haiti is very difficult right now, with food prices continuing to rise. She can only afford to send her children to school a few days a weeks, so she hopes that with her new business she will be able to better support her children. In the future, she wants to have her own shop with plenty of nice clothes and shoes to sell.
This group of women are very excited to start their own business, and improve their lives. Thank you to all Kiva lenders for your support and generosity!
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.