Fuente De Vida 1 & 2 Group
Despite the remoteness of these communities, Maria says she is happy to be able to live with her husband and two children of the 5 they have, in their small home.
Maria is excited to take her third loan with Esperanza after having 2 years running this business. She started cooking and selling a dish called 'Pico y Pala', stir-fry using all of the chicken except for the breasts, wings and thighs. Now she has a fried food stall, where she sells different meats, plantain, fried round dough, and many other fried foods,. With this loan Maria is planning to buy all of the ingredients and she also she wants to start selling french fries. Her most difficult challenge is to have her own house. She like to listen music, and her dreams are to have her own house and to expand her fried food stall into a restaurant. She thanks you all 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
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Success!! The loan was 100% repaid