Reparation De Ouanaminthe Group
Dieudonné is going to invest your loan by buying sandals, cosmetics, clothing, etc. to resell. She hopes that his loan will help her to expand her business. Other members of the group Reparation de Ouanaminthe have need of a loan for businesses selling goods such as cosmetics, soft drinks, shoes, clothing, etc. Dieudonné states that her main challenge is to have a large business that will facilitate building a large house for her, with the help of Esperanza Int.
Dieudonné va investir votre prêt lors de l'achat des sandales pour la revente, cosmetiques, vetements etc. Elle espère que cet emprunt l’aidera a grandir son commerce. Des autres membres du groupe Reparation de Ouanaminthe ont besoin d’un emprunt pour le commerce que ventes cosmétiques, boissons gazeuses, chaussures, vetement, etc. Dieudonne déclare que son défit principal est de devenir une grande commerçante et dit son but principal c’est d’avoir un grand commerce qui lui facilitera a construire une grande maison avec l’aide d’Esperanza Int.
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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