- Dominican RepublicClothingFunding via Esperanza International Dominican Republic, a partner of HOPE International
- Dominican RepublicRetailFunding via Esperanza International Dominican Republic, a partner of HOPE International
- NicaraguaRetailFunding via ADIM (Asociación Alternativa Para el Desarrollo Integral de las Mujeres)
Le Bon Berger De Sable Group
She has been running her beauty salon for the last eight years. She hopes this loan will help her to expand her business. Other members of Le Bon Berger de Sable have need of a loan for businesses, such as selling cosmetic products, charcoal, carbonated beverages, etc.
She says that her main challenge is to become a greater merchant in the northeast district. She says her main goal is to have a big business that will facilitate the construction of a big house, with the help of Esperanza Int.
Elle dirige son commerce de salon de beaute pendants les 8 dernières années. Elle espère que cet emprunt l’aidera a grandir son commerce. Des autres membres Le Bon Berger de Sable ont besoin d’un emprunt pour le commerce tel ques ventes produits de cosmétiques, charbon, boissons gazeuses etc.
Elle déclare que son défi principal est de devenir une plus grande commerçante dans le département du nord est. Elle 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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Success!! The loan was 100% repaid