La Buena Nueva 1, 2 &3 Group
Walquiris is very excited to receive her ninth loan with Kiva partner Esperanza Internacional, after having satisfactorily paid off her earlier loans, and with each one made a step toward growing her business. She has had her business for about four years, which she started because of her intitiative to make money and be useful. Plans are to use her new loan to purchase a flower mixer or processer. She makes breads and sponge cakes, and she is a baker. She plans to use her earnings to purchase a refrigerator. Her dream is to become an educator, which is why she wants to finish college.
Walquiris está muy emocionada de recibir su noveno préstamo en Esperanza Internacional, después de haber pagado satisfactoriamente sus préstamos anteriores y en cada uno haber dado un paso para el crecimiento de su negocio. Ella ha tenido su negocio por alrededor de 4 años, el cual inició por su iniciativa de generar ingresos y ser util. Está planificando invertir su nuevo préstamo en la compra de una maquina para amasar harina, o procesadora, ella elabora panes y biscochos, y se dedica al comercio de panaderia. Planea utilizar sus ganancias para comprar una nevera. Su sueño es poder convertirse en una educadora, por esa razon desea terminar sus estudios universitarios.
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