Salem De Ouanaminthe 1, 2, 3 & 4 Group
Micheline has been running her business for ten years. She would like to use this loan to purchase clothing. She hopes that this loan will help her expand her business.
The other members of the group need a loan for their businesses, such as : selling charcoal, rice, and secondhand clothing.
Elle est mariée elle a des enfants. Micheline habite dans la ville de OUANAMINTHE d’Haiti où de l’éléctricité est rare et de l’eau est très limitée.
Micheline a dirigé son business pendant les 10 dernières années. Elle voudrait utiliser cet emprunt pour investir dans l’achat des vetements
Micheline espère que cet emprunt l’aidera à agrandir son business.
Les autres membres Salem ont besoin d’un emprunt pour tels commerces comme vendre du charbon, du riz et des vetements uses.
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