Mujeres En Accion 1 Y 2 Group
Maria owns a business where she sells clothes to neighbors, friends, family, and anyone else who happens to come by. With this loan she will buy a dozen each of men's polo shirts, women's blouses, belts, and pants. She would like to make enough money to keep reinvesting in her business, and with the rest she wants to buy a radio for her children.
In the future Maria dreams of having two other employees and owning a small bus which would allow her to be able to go out and sell her clothing in more rural areas. She strongly believes that with Esperanza International she will progress and rise up above her poverty. Maria thanks you all for being part of this dream!
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