Tet Trankil De Saillants Group
Marc hopes that this loan will help him expand his business. He is unmarried and has five children. He is the coordinator of his group Tet Trankil of Saillant. The other members of Marc’s group need loans for such retail activity as the sale of charcoal, rice and fish. Marc says that his biggest challenge is the lack of steady customers.
He says his main goal is the growth of his business. His dream is to buy a motorcycle to transport supplies.
Marc espère que cet emprunt l’aidera à agrandir son business. Il est pas marié il a 5 enfants. Marc est le coordinateur de son groupe Tet Trankil de Saillant. Des autres membres de Marc ont besoin d’un emprunt pour tels commerces comme vendre du charbon, du riz et du poisson. Marc dit que son défi principal est manque d’acheteur constant . Il dit que ses buts principals sont l’augmantation du bussiness. Son rêve est l’achat d’une moto pour transporter les materiels.
More information about this loan
This loan is designed for a borrower or group of borrowers in Haiti. Esperanza is one of the few MFIs currently working in the northeast region of the country. Through lending, the organization aims to stimulate economic growth and opportunity in a country that has suffered debilitating crises, including political instability, natural disasters and poverty. Esperanza lends primarily to groups of women who cross-guarantee each other's loans. They also receive financial literacy courses and health services.
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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