Mujeres Intelegentes 1 & 2 Group
Marie is excited to get this second loan from Esperanza Internacional. She met the terms for the first loan and has made great strides in growing her business. She has operated the business for around 10 years. She started with a small loan from a friend and bought merchandise to resell. She plans to use the new loan to buy rice, cooking oil, sugar and fruit juices. The business is called a "colmado", a small store that stocks everyday items. Marie plans to use her earnings to complete the process of applying for residency in the Dominican Republic. She hopes to be able to return to Haiti to visit her family and help provide for them.
Marie está muy emocionada de recibir su segundo préstamo en Esperanza Internacional, después de haber pagado satisfactoriamente su préstamo anterior y haber dado un paso para el crecimiento de su negocio. Ella ha tenido su negocio por alrededor de 10 años, el cual inició con un pequeño prestamo que le hizo un amigo y con eso compro mercancias para vender. Está planificando invertir su nuevo préstamo en la compra de arroz, aceite, azucar y jugos, su negocio es un colmado, una pequeña tienda con ventas de alimentos. Planea utilizar sus ganancias para concluir el proceso para recibir su residencia dominicana. Su sueño es poder regresar a Haiti y visitar su familia y poder ayudarle con sus necesidades.
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