Jesus Demarche Group
Ylda sells a variety of items ranging from sugar to cleaning powders to cold drinks and candies. She is thankful for her loans because she was able to purchase several animals and further furnish her home with the increased profits from her business. Ylda contributes the increased number of children attending school to the loans and the growth of businesses in the area. Ylda dreams of expanding her business and continually moving forward. On behalf of Ylda, Jesus Demarche, and Esperanza, we thank you for your support.
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