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Frantzdy didn’t have enough money to go to college after finishing high school. Consequently, he had to think about opportunities that might help him to move forward. Later on, a friend gave him some money to go to a technical school.

Frantzdy, instead of going to school, decided to open his dream business, which is a community restaurant. It was a very difficult decision to make. Friends and family members criticized him for not pursuing a higher education. However, for him, that was the best decision ever. After several years of operating the business efficiently, he has filled the needs of everyone living in the community.

Today, the business’ challenge is to buy one more freezer, a blender, several fans, chairs and a table in order to produce more and satisfy more consumers. A loan will help the business to increase its production and capacity to better serve more customers. The business wants to increase its financial performance by 20%, while offering quality services to everyone living in the community of Carrefour Feuille.

Additional Information

More information about this loan

This loan could be made to a small and growing business (SGB) or a cooperative.  Please note that due to the risky nature of lending to SGBs and cooperatives, a market segment that is generally not served by microfinance organizations, Zafèn loans carry a significantly higher level of repayment risk than most other Kiva loans. The program has a repayment target of 70%, well below that of Fonkoze’s other portfolios. Lenders who choose to fund Zafèn loans should be aware of this risk.


About Fonkoze - Zafèn:

Fonkoze is Haiti’s largest microfinance institution, offering a full range of financial and development services to Haiti’s rural poor. Zafèn is a program created by Fonkoze to provide soft loans, training and support for small and growing businesses in Haiti. Soft loans are loans that are below the market rate of interest.

Zafèn loans are now crowd funded on Kiva, which will reduce website maintenance costs for Fonkoze and allow more Zafèn loans to be funded faster. It will also allow the program to cover more of its costs and move towards self-sufficiency.

More details and information on the projects are available on


About Haiti

  • $1,600
    Average annual income
  • 3
    View loans »
    Haiti Loans Fundraising
  • $1,795,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Frantzdy to purchase one oven, a freezer, and food products.
45% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 30, 2014
Jun 27, 2014
Currency Exchange Loss: