Memena's story is representative of her group and of Esperanza's Dominican and Haitian clients generally, many of whom recently emigrated to the DR from Haiti. Her group is located in the rural areas surrounding La Romana, where the economy is dominated by the sugarcane harvest and where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple structure with her husband and their two children. She wants to be strong for work and help her children to have a good education.
The small picture in the lower right corner is the group coordinator, Memena.
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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