Los Alfa 1, 2 & 3 Group
Emilio will use this loan to buy different medical products, especially natural products. He started this business 1 month ago, after he was using these medicines and having great results. He became a partner to sell them with a catalog. Now he will buy the most common products for inventory and sale. He is excited about his first loan with Kiva's partner Esperanza.
Emilio will use the profits to invest in his business and save, also he would like to help build his community church. He is a pastor and his favorite thing is to serve others. His dreams are to serve the Lord forever and teach others the Love of God.
His most important challenges are to help build the church and to help his family to live better.
There are two group pictures to show all of the members of the group.
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