100%

funded

Total loan: $775

Espwa Fanm Bos

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Jeremie, Dame-marie, Grand'Anse Department, Haiti / Retail

Espwa Fanm Bos's loan finished fundraising,
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A loan helped to buy home products to retail in the flea market.


Espwa Fanm Bos's story

According to a local report on savings groups, there is an increase in credit access of about 60% among the members after two years. This study took place in rural areas of Haiti.

Livika is presiding over one of them. Her savings group is composed of 17 women and 3 men in a remote area of Jeremie. 85% of the members are street sellers.

As the group is connected to Fonkoze, they are requesting a loan to increase their credit capital to support the members' retailing activities. The committee board agreed to this initiative, and they hope to move forward in solving their financial literacy issues through Fonkoze.

From right to left in the picture, Nativite (member), Raymonde (secretary), Livika (president), Clergenie (member) and Milia (deputy treasurer).