Eden 1 & 3 Group
Ana S. is one of the two group representatives. She has 2 children with a large age difference: the eldest is 12 and the youngest is just one year old. Ana sells silver jewelry, mostly at her house but sometimes she takes it with her to show to acquaintances that live in other towns. She would like to have her own jewelry store to avoid traveling with it, which can be dangerous if someone knows about the merchandise you sell. She also hopes to be able to return to school one day and have a house of her own for herself and her children. Please help us continue supporting these microentrepreneurs 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.
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Success!! The loan was 100% repaid