Apostolico - Group 1
Amancia will use her loan to purchase some new, fresh summer clothing to sell, including women's apparel, in anticipation of Mother's Day. She hopes her business will continue succeeding as it has thanks to her five previous loans. She would also like to set up a space in her house or in a market where she can sell her merchandise without becoming exhausted.
Please help us to continue supporting Amancia and her friends 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