Etoile De Dieu : Group 2
Gulma has a multi service call, copy, and print center. He has several computers where people can type and print documents as well as a copy machine. He is thankful for the first two loans because he was able to buy a better printer. He plans on expanding to include more phone lines and internet services. He hopes to continue the expansion of his business to allow his community to be able to handle all their computer needs in the community and mainly at his business. On behalf of Gulma, Etoile de Dieu, and Esperanza we thank 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.
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Success!! The loan was 100% repaid