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Anonymous Group
In this Group: Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous*, Anonymous, Anonymous, Anonymous, Anonymous*, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous*, Anonymous, Anonymous*, Anonymous*, Anonymous, Anonymous
* not pictured
For the borrower's privacy, this loan has become anonymous. Lenders to this loan can sign in to view complete details Learn More
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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.

Tags

About Haiti

  • $1,300
    Average annual income
  • 0
    View loans »
    Haiti Loans Fundraising
  • $1,950,200
    Funds lent in using Kiva
  • 39.4
    Haiti Gourdes (HTG) = $1 USD
Ended with Loss - Defaulted
A portion of Anonymous Group's $6,400 loan helped a member to buy shoes.
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2014
Listed
Apr 27, 2014
Currency Exchange Loss:
Possible
Defaulted:
Jul 13, 2015