Yvrose is the coordinator of her group "Revolution de ferrier". She is married and has one child. Yvrose would like to use this loan to invest in charcoal. She hopes that this loan will help her to expand her business. She has been running her charcoal business for the last seventeen years.
Other members of "Revolution de ferrier" have need of a loan for such businesses as charcoal, clothing, shoes, grocery items, etc.
Yvrose says that her main challenges include [becoming] a major merchant. Yvrose lives in the Ferrier region Haiti, where electricity is rare and water is very limited.
Yvrose est la coordinatrice de son groupe Revolution de ferrier. Elle est mariee elle est possede d'enfants. Yvrose voudrait utiliser cet emprunt pour investir aven duit du Charbon. Elle espère que cet emprunt l’aidera à agrandir son business. Yvrose a dirigé son commerce de Charbon pendant les 17 dernières années.
Des autres membres Revolution de ferrier ont besoin d’un emprunt pour tels commerces comme charbon, vetement, chaussures, produit alimentaires, etc. Yvrose dit que ses défis principal est de venie une grande commercant. Yvrose habite dans la région de ferrier d’Haiti où de l’éléctricité est rare et de l’eau est très limité.
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.