Mariejunie is the coordinator of her group Vainqueur de Garde Saline 1 & 2. She is married and has four children. She lives in northern Haiti, where electricity is rare and water is very limited. Mariejunie has been running her business selling cosmetic products for the last four years. She hopes that this loan will help her to expand her commerce. Other members of the group have need of a loan for businesses such as selling cosmetics, carbonated drinks, shoes, clothing, etc.
She says that her main challenge is to become a greater merchant in the area. Her main goal is to have a bigger business facilitating the construction of a bigger house, with loans from Esperanza Int.
Mariejunie est la coordinatrice de son groupe Vainqueur de Garde Saline 1 & 2. Elle est mariée elle a 4 enfants. Elle habite dans la région nord`est Haïti ou l’électricité est rare et de l’eau portable est très limite. Mariejunie dirige son commerce de vente de produits cosmetiques pendants les 4 dernières années. Elle espère que ce emprunt l’aidera a grandir son commerce
Des autres membres de groupe ont besoin d'un emprunt pour les commerces tel que ventes produits cosmétiques, boissons gazeuses, chaussures, vetement, etc. Elle dit que son défi principal est de devenir une plus grande commerçante dans la zone. Son but principal c’est d’avoir un plus grand commerce qui lui facilitera à construire une plus grande maison avec prêt de 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.