Jehova Suple - Groups 1, 2
All of the group members live in San Pedro D. Macoris, in southeast Dominican Republic. They have successfully repaid five previous loans to Esperanza International, and are working towards consolidating their businesses. These hardworking women have shown great determination in taking their micro businesses to the next level. Please help us to continue supporting them with this Kiva loan. Thank you!
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.
About Dominican Republic
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Success!! The loan was 100% repaid