Deborah De Samarie Group
He hopes that this loan will help him grow his business. The other members of the Deborah De Samarie Group need a loan to help them with their businesses in selling foodstuffs, carbonated drinks and charcoal. Jackson has stated that his main challenge is to become an important retail trader in the northern region. He says that his main goal is to run a large business which will allow him to build a large house. He plans on achieving this with the help of Esperanza International.
Il espère que cet emprunt l’aidera à grandir son commerce. Des autres membres Deborah de Samarie ont besoin d’un emprunt pour le commerce tel que ventes produits alimenteurs, boissons gazeuses, charbon, etc. Il déclare que son défi principal est de devenir un grand commerçant dans le département du nord. Il dit son but principal c’est d’avoir un grand commerce qui lui facilitera à construire une grande maison avec l’aide d’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.
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Success!! The loan was 100% repaid