Coeur Angelique De Ouanaminthe Group
With this loan, Ulrick is going to invest in buying more sneakers. He hopes that this loan will help to expand his business. The other members of the Coeur Angelique de Ouanaminthe group need loans for their businesses, which include selling cosmetics, soda, etc.
He declares that his main challenge is to become a large merchant in the North department. He says that his principal goal is to have a large business, which will help him build a large house with the help of Esperanza International.
Ulrick votre prêt va investir dans l'achat de chaussures sportives (tennis). Il espère que cet emprunt l’aidera a grandir son commerce. Des autres membres Coeur de Ouanaminthe ont besoin d’un emprunt pour le commerce tel ques ventes de produits cosmétiques, boissons gazeuses etc
Il déclare que son défi principal est devenir un grand commerçant dans le département du nord. Il dit son but principal c’est d’avoir un grand commerce qui lui facilitera a construire une grande maison avec l’aide d’Esperanza International.
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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