Jesus Vivant De Petitanse Group
Dieula has been selling various products for eight years. She will use her loan to buy clothes, shoes, cosmetics, etc for resale. The other group members will use their loans to buy various products such as cosmetics, clothes, shoes, food products and charcoal.
Dieula hopes to be able to use this loan to increase the size of her business.
Dieula voudrait utiliser cet emprunt pour investir dans la vetement, chaussures, cosmetiques, etc. Des autres membres du groupe ont besoin d’un emprunt pour tels commerces comme vendre des produits divers comme cosmétiques, vêtements, chaussure, produits alimentaires et du charbon. Elle espère qu'avec ce prêt peut faire croître votre 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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