Caminando Con Jesús Group
Ana and her husband live with their four children, ages ten to nineteen. They live in a simple house near Santiago, the second largest city in the Dominican Republic with a population of over a million people. Life around the city can be difficult with little access to reliable electricity and running water. Despite any difficulties she may face, Ana runs a successful shop from her home selling clothes. She plans to use this loan, her third from Esperanza International, to purchase new blouses for women and pants for both men and women. She will then sell the clothes to her friends and neighbors at a small markup.
Ana is very grateful for her newfound access to financial services such as loans and savings, as well as health services for her family. She hopes to continue expanding her business, and she hopes to own her own shop one day. With a house full of growing children, Ana also hopes to send them all to university with the extra profits from her business. With your help, Ana will be able to achieve these goals. Thank you for lending to Ana and the Caminando con Jesús 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