Berkis has had her business for 13 years, a cafeteria where she sells snacks, soft drinks, and fast foods like sandwiches. She started this business with a loan she got, and since then she has supported herself, first always reinvesting part of her profits, and for three years, investing in her business the loans she got from Esperanza Internacional. This is her seventh loan.
Berkis will use this loan to buy snacks, soft drinks, bread, ham, cheese, and other things. With the reinvestment of her profits and with other loans, she hopes to be able to have a stable business with good earnings that help her buy a piece of land and build her house, and, later, rest more and work less.
Berkis is the mother of three children, two of whom live with her.
Berkis invertira este prestamos en L. compra D. refrigerios, refrescos, pan, jamon, queso, entre otros. Con L. reinversion D. sus ganancias, y otros prestamos, espera poder tener un negocio estable, con buenos ingresos, que le ayuD. a comprar un solar y construir su casa, y despues descansar mas y trabajar menos. Berkis es madre D. 3 hijos, D. los cuales dos viven con elL..
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