Nahomie De Danda Group
Nanotte has been managing her food business for seven years and before launching this business she was a student. She would like to use this loan to invest in food products and hopes it will help her to expand her business.
The other active members of the group need a loan for charcoal, cosmetics, shoes, clothing and other businesses. Nanotte says that her main challenge is to become a significant trader.
Nanotte a dirigé son commerce de produit alimentaire pendant 7 années. Avant de commencer ce commerce elle était un Etudiant. Elle voudrait utiliser cet emprunt pour investir dans les produit alimentaires et elle espère que cet emprunt l’aidera à agrandir son commerce.
Des autres membres militant ont besoin d’un emprunt pour tels commerces de produit divers comme charbon, cosmetiques, chaussures, vetement, etc. Nanotte dit que les défis principal c'est devenus une grande commerçante.
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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