Flambeau De Petitanse Group
For the past three years, Monise has been selling various items. She will buy cosmetics, shoes, clothing, etc. Before starting her business, she was a shopkeeper. She hopes this loan will help her grow her business.
The other members of Flambeau de Petitanse need loans for selling cosmetics, fish, carbonated beverages, groceries, etc. She says her main goal is to have a larger business that will help her travel to other countries in the Americas.
Monise dirige son commerce de produit divers pendant les 3 derniers années. Elle va a acheter des cosmetiques, chaussures, vetement, etc. Avant de ce commercer ce commerce Elle était commercant. Elle espère que cet emprunt l’aidera à grandir son commerce
Des autres membres de Flambeau de Petitanse ont besoin d’un emprunt pour le commerce tel que ventes produit cosmétiques, poisson, boissons gazeuses, produit alimentaires, etc. Elle dit son but principal c’est d’avoir un plus grand commerce qui lui facilitera a voyager dans les autres pays de l’amerique
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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