Mujeres Luchadoras Group
With the extra money that Yomeris earned in her business, she was able to bring home bigger profits and help provide for her son Oliver. Helping children out of poverty is one of the goals Esperanza has as an organization. By giving women like Yomeris a micro-loan, we are able to ensure that her children will benefit because women generally spend most of their money on the family and their home.
Yomeris dreams of continual growth for her perfume business and would also like to open up an internet café in the near future. She would like to see her son Oliver graduate from school and to grow up strong. In her free time, Yomeris enjoys reading and also chatting with friends.
On behalf of Yomeris S., Mujeres Luchadoras, and all of us here at Esperanza International, thank you for your support and efforts to fight the global issue of poverty!
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