Mujeres Unidas Para Un Mejor Futuro Group
Fermina is very excited about receiving her first loan from Esperanza International, which she plans to use to begin a business selling sheets, bedspreads, curtains, towels, and bath sets. She is planning to buy various pieces of each item and sell them on the street in her community and nearby communities. She is thinking of using the income of her business to reinvest once again, to save, and mend her dining room set. Her most cherished dreams are to be able to have a stable business and to see her community prosper.
Fermina and her group are located in a zone of little resources in the city of Santiago, which is one of the most populated in the Dominican Republic. They are going to devote themselves to various areas of work such as clothes, cosmetics, shoes, beauty salons, grocery stores, and others.
Fermina está muy emocionada D. recibir su primer préstamo en Esperanza Internacional, con el cual iniciará su negocio D. ventas misceláneas D. Sabanas, colchas, cortinas, toallas y set D. baños. ElL. está planeando comprar vA. piezas D. cada artículos y venderlas ambulante por su comunidad y otras cercanas. Piensa utilizar los beneficios D. su negocio para reinvertir en el mismo, ahorrar y reparar su juego D. comedor. Sus sueños mas preciados son poder tener un negocio estable y ver su comunidad prosperada.
Fermina y su grupo se encuentra ubicado en una zona D. pocos recursos D. L. ciudad D. Santiago, L. cual es una D. las ciudades más pobladas D. L. Republica Dominicana, ellos se dedicar a L. venta D. diferentes artículos como: Ropas, cosméticos, calzados, salones D. belleza, tienda D. comestibles, entre otros.
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