Cheche Jesus 4, 5, 6, 7 & 8 Group
Moise would like to use this loan to invest in his business. He is going to purchase various items, such as cosmetics, shoes, and clothing. His enterprise has grown a little since his last loan, and this has helped support [his] children, as well as to motivate other members of the group Cheche Jesus.
Moise hopes that this loan will help him to expand his enterprise. Other members of Cheche Jesus have need of a loan for businesses such as in charcoal, cosmetic products, and food. Moise says that his main challenges include expanding his enterprise.
Moise voudrait utiliser cet emprunt pour investir dans le commerce. Il va acheter des objets divers tels que des produits cosmétiques, des chaussures, des vêtements, son entreprise a grandi un peu depuis son dernier prêt, ce qui a contribué à soutenir leurs enfants de plus en motiver d'autres membres dans le groupe Cheche Jesus.
Moise espère que cet emprunt l’aidera à agrandir son entreprise. Des autres membres Cheche Jesus ont besoin d’un emprunt pour tels commerces comme charbon, cosmetiques produits et produits alimentaires. Moise dit que ses défis principal est d'agrandir son entreprise.
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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