La Esperanza 1 & 2 Group
With this new loan, she is planning to inveS.in more fruit and make some changes to her stand. She wants to attract more customers. She tells us that her challenge is to help her 3 children to grow with health and education, also to help her long-term partner by working hard and bringing extra income to their home.
Altagracia´s dreams are to improve their lives with a better home, grow a bigger and sustainable business, and to see all her children become professionals and good people. She is planning to reinveS.her profits in the business and save. She wants to start building her house.
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.
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Success!! The loan was 100% repaid