Dios Es Mi Pastor 2, 3 & 9 Group
Ysemitha and the other borrowers in Dios es mi Pastor live in Boca Chica, a small town between San Pedro and Santo Domingo, the capital of the Dominican Republic. Boca Chica has unreliable electricity at best, and it has no potable running water. It also suffers from the pollution of its two large neighbors. Ysemitha lives with her husband and two children, 3 years and 3 months old, in a small concrete home.
Ysemitha will use this loan to purchase new and used clothing to sell to her customers. She has successfully repaid three loans, and she is excited to be taking out her fourth. Ysemitha’s business is run through her home, which she currently rents. Her dream is to one day own her own house using the profits from her clothing sales. Thank you for lending to Ysemitha and the Dios es mi Pastor group!
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