Effort De Catier Morin Group
Benito will buy different products to increase his stock. Before he began trading he attended school. He plans to buy various products including shoes and cosmetics. Other members of the Effort de Catier Morin group need a loan to trade products such as cosmetics, soft drinks, etc.
He says his biggest challenge is to become a great trader in the Northern region. His main goal is to build up a good trade business and make it easier to start a large company, with the help of Esperanza Int.
Benito va acheter les différents produits pour augmenter l'inventaire de votre entreprise. Avant de ce commercer ce commerce Il était un écolier. Il plan à acheter de divers produit avec chaussures et cosmetiques.
Des autres membres de EFFORT DE CATIER MORIN ont besoin d’un emprunt pour le commerce tel ques ventes produits de cosmétiques, boissons gazeuses 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 enterprise 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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