Con Dios Adelante Al Progreso 1, 2 & 3 Group
Maritza is excited to be seeking her 8th loan with Esperanza, four years after she started doing business and taking out loans. She plans to use this loan to invest in her business. She sells miscellaneous products such as cosmetics, beauty items, shoes, clothing, etc. She will use the profits to start rebuilding her house as a safer structure. Her most difficult challenge is living in her community. She likes to work and her future plan is attending church. She thanks all of 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.
About Dominican Republic
11View loans »
Success!! The loan was 100% repaid