Mujeres Liberadas Group
One of Andrea’s personal goals is to improve her life each and every day. With profits from her business, Andrea intends to start saving and invest in her children’s education. She has three children (13, 10, 9) and is pregnant with her fourth child who is due in December. While Andrea has not finished high school, she hopes to return to school and continue her education. Above everything else, Andrea looks forward to a better future.
On behalf of Andrea, the Bank of Hope Mujeres Liberadas, and the microfinance institute Esperanza International (one of Kiva's field partners), thank you for providing opportunities for those who need them most.
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