La Trinite De Grand Basin Group
Roseline D. is one of three representatives for the group. She is a married woman with 4 children ranging from 9 to 20 years old. This hard-working mom is a long time business person who splits her time between two business activities. She sells unprepared food, including rice, beans, oil, and sugar, in the local marketplace. Then, in the evening, she sells fried foods in the town square.
She is thankful for the presence of Esperanza in the area because they have allowed many people to get back on their feet. She dreams of being able to build a house with her increased business profits and leave something behind for her children. On behalf of Roseline, La Trinite de Grand Basin, 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