Mujeres En Accion 2 & 3 Group
Colosa hopes to use this new loan to continue increasing the size of her business with the goal one day of opening a "super salon." To help make this a reality she is also continuing to study technical studies at her local university. In addition to her own studies, Colasa insists that her children continue to study and she intends to use her business earnings to see her children through to university. A final dream is to one day have the ability to travel all over the world! She thanks all of 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.
About Dominican Republic
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Success!! The loan was 100% repaid