Mujeres En Accion 3 & 5 Group
Elixana lives with her father, husband, and three children (ages 4 to 7) in a small community north of San Pedro called Batey Euscarduna. Bateyes are poor rural communities that were built by sugar companies to house their field workers. Over time, the conditions in bateyes have deteriorated severely, with little to no access of potable water, electricity, or medical services. Despite these difficulties, Elixana operates a small food stand which focuses on fried foods. Some of the local favorites are johnnycakes and fried salami.
Elixana is very grateful for this loan, her fifth with Esperanza International. Since receiving loans, her travel time to purchase inventory has dropped drastically. Elixana used to have to travel often to buy supplies, but now she has enough cash flow to purchase a bulk supply that will last her a long time. Her loans have also helped her support her children, and Elixana hopes to send them to college so they can move up in society. Thank you for supporting Elixana and the Mujeres en Accion 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