Antoine is the group coordinator for the 'Tet Fret de Dumas'. He is a trader, and lives in the Dumas area, where electricity is rare and water is very scarce. He has been buying and selling various products and charcoal for twelve years. Before he began his business, he was a student.
Antoine will use his loan to buy charcoal, shoes and clothes for resale. He hopes that his loan will help him expand his business. Other members of the group will use their loans to buy products such as food, cosmetics, charcoal, etc, for resale.
Antoine dreams of using his loans and the help of God, to build a large business.
Antoine est le coordinateur de son groupe Tet Fret de Dumas. Il est un commercant. Il habite dans la région de Dumas où de l’électricité est rare et de l’eau est très limité. Antoine a dirigé son commerce de produit divers et charbon pendant 12 années. Avant de commencer ce commerce, Antoine était un Etudiant.
Antoine voudrait utiliser cet emprunt pour investir dans le charbon, chaussures, vetement, etc. Il espère que cet emprunt l’aidera à agrandir son business. Des autres membres militant ont besoin d’un emprunt pour tels commerces comme nourriture, cosmetiques, charbon, etc. Antoine dit que son but principal et son rêve c'est possède un gros business avec son fond et par la grâce de Dieu.
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.