Lamentation De Geremy 4, 5 & 6 Group
She would like to use this loan to invest in the restaurant. She is going to purchase some food for her restaurant. Other members of the group have need of a loan for such businesses as selling grocery items, cosmetics, clothing, shoes, and charcoal. Modelline says her main challenge is to be in a position to sell more, since the economic crisis in Haiti does not bring in much money.
Elle voudrait utiliser cet emprunt pour investir dans le Restaurant, elle a acheter de la nourriture pour votre restaurant. Des autres membres du groupe ont besoin d’un emprunt pour tels commerces comme vendre des produits alimentaires, cosmétiques, vêtements, chaussureset du charbon. Modeline dit que son défi principal est en mesure de vendre plus depuis la crise économique en Haïti ne reçoit pas beaucoup d'argent.
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