Check out some available loans that are similar to this one!
Assurance De Phaeton Group
In this Group: Jaccint, Anne, Celita, Esterilia, Mauviette, Yvrose, Wedeline, Walnise, Bernadin, Nadia, Danise*, Rossita, Jacqueline, Junie, Mona, Angeline, Roselene, Miline, Kerlange, Salmand*, Guilene, Wismine, Rosena*, Norvil, Camise*, Magdala*, Cleanta, Remy, Samson, Suzanne*
* not pictured
Jaccint is the coordinator of the 'Assurance de Phaeton' Group. He lives in the Phaeton region where electricity is rare and water is very limited.

Jaccint has been working as a fish salesman for the past ten and a half years. He is married and has four children.

Jaccint will use his loan to invest in stocks of fish. He hopes that this loan will help him to expand his business.

The other members of the group will use their loans for their businesses, selling charcoal, second-hand clothes and food products.
View original language description ↓
Jaccint est le coordinateur de son groupe Assurance de Phaeton. Il habite dans la région de Phaeton où de l’éléctricité est rare et de l’eau est très limité.

Jaccint a dirigé son commerce de poisson pendant les 10 et demi dernières années. Il est marie il a 4 enfants. Jaccint voudrait utiliser cet emprunt d'investir dans l'achat de poisson. Jaccint espère que cet emprunt l’aidera à agrandir son entreprise.

Des autres membres Assurance ont besoin d’un emprunt pour tels commerces comme charbon, vetements usees et produits alimentaires.

Additional Information

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.

About Haiti

  • $1,600
    Average annual income
  • 2
    View loans »
    Haiti Loans Fundraising
  • $1,837,475
    Funds lent in using Kiva
  • 43.1
    Haiti Gourdes (HTG) = $1 USD

Success!! The loan was 100% repaid

A portion of Assurance De Phaeton Group's $6,250 loan helped a member to buy fish for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2013
Listed
Jan 21, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2014