L'amitie De Ouanaminthe Group
Molene would like to use this loan to invest by purchasing different products, shoes, clothing, cosmetics, etc. She hopes that this loan will help her to expand her business. Other members of the group L'Amitie de Ouanaminthe have need of a loan for such businesses as selling cosmetics, shoes, charcoal, rice, and fish. Molene says that her main challenge is the lack of steady customers.
Molene voudrait utiliser cet emprunt pour investir dans l’achat des produits différents, des chaussettes, des vêtements, cosmétiques, etc. Elle espère que cet emprunt l’aidera à agrandir son business. Des autres membres de L'Amitie de Ouanaminthe ont besoin d’un emprunt pour tels commerces comme vendre du Cosmetiques, chaussures,charbon, du riz et du poisson. Molene dit que son défi principal est manque d’acheteur constant.
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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