Tet Fret De Dumas 1, 2, 3 & 4 Group
Before he started in this business, Antoine used to be a student. He would now like to use his loan to buy charcoal, shoes, clothes and various other products. He is hoping that this loan will help him to grow his business. The group's other members also need a loan in order to operate their own food, cosmetics and charcoal businesses.
Antoine says that his main ambition and his dream are to gather enough money to acquire a major business, through God's grace.
Avant de commencer ce commerce, Antoine était un Etudiant. Antoine voudrait utiliser cet emprunt pour investir dans le charbon, chaussures, vetement, et divers produit. Il espère que cet emprunt l’aidera à agrandir son business. Des autres membres militant ont besoin d’un emprunt pour tels commerces comme nourriture, cosmetiques, charbon, etc. Antoine dit que son but principal et son rêve c'est possède un gros business avec son fond et par la grâce de Dieu.
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