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Marie Carmelle
Marie Carmelle has been working in the bakery business for more than 10 years. Consequently, she has developed great friendships with employees, and customers, and has found she loves all aspects of the business activity. She is passionate about what she is doing. As result, the bakery occupies an important part of her day. After several years of hard work, Marie Carmelle and her husband were able to open their own restaurant and bakery store in 2007. Because of the market regularly changing environment for most products, it is always challenging for the business to find out the existing customers’ needs. Today, the customers’ excessive demands have shown the need to acquire more equipment. A Zafen loan will help the business build and maintain successful relationships with potential customers.

Additional Information

More information about this loan

This loan could be made to a small and growing business (SGB) or a cooperative.  Please note that due to the risky nature of lending to SGBs and cooperatives, a market segment that is generally not served by microfinance organizations, Zafèn loans carry a significantly higher level of repayment risk than most other Kiva loans. The program has a repayment target of 70%, well below that of Fonkoze’s other portfolios. Lenders who choose to fund Zafèn loans should be aware of this risk.


About Fonkoze - Zafèn:

Fonkoze is Haiti’s largest microfinance institution, offering a full range of financial and development services to Haiti’s rural poor. Zafèn is a program created by Fonkoze to provide soft loans, training and support for village savings and loan associations, as well as small and growing businesses in Haiti. Soft loans are loans that are offered at an interest rate below the market rate.

More details and information on the projects are available on

About Haiti

  • $1,300
    Average annual income
  • 15
    View loans »
    Haiti Loans Fundraising
  • $2,533,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Marie Carmelle to purchase a new generator and food products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 7, 2014
Jul 23, 2014
Currency Exchange Loss:
Oct 18, 2015