Peniel 5, 6 Group
In order to see an example of how wonderful of a mother Flavia is, one has only to look at her four children. Her lone daughter is currently attending a university in San F. and one son is studying at a university in Cuba. Another son is currently a professor of education in the Dominican. Much of her extra profits go to supporting her children where she can encourage their education and studies.
Flavia takes the care and love she gives to her children to help them be successful, and has applied these principles to her business. While this business has been steadily growing little by little, Flavia would someday love to own her own store selling only shoes. She enjoys selling various products, but would like to specialize when her money allows.
Thank you for this Kiva loan to Flavia and other Peniel group members! It will go to support small business owners who are dedicated to growing their businesses to create better lives for themselves and their families.
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