Amigos Unidos Group
Benita makes her home here in a simple structure with her husband and one child. She is excited to be taking her fourth loan with Esperanza. She sells clothes, on foot and in her home. She plans to use this loan to invest in her business by purchasing jeans, blouses, shirts and underwear. She will use the profits to reinvest in her business and to buy some electro-domestic appliances. Her long-term goals are to increase her sales and have a clothing store.
Benita is wishing to improve her life and give better opportunities to her family; also, she is planning to return to Haiti and help her family there. 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