Ayudanos Señor 4 & 5 Group
Cita is very excited to be receiving her third loan from Esperanza Internacional. When the program arrived in her community, she decided to join the group with the aim of improving her business which was lacking capital. She runs a fruit, vegetable and chicken stall from her small home which she shares with her partner, as some of her family and children live in Haiti.
Cita plans to invest this loan in buying vegetables, several 100lb lots of chicken and fruit. She sells her products to her neightors as 'bateyes' (sugar worker towns) are isolated communities which are far from the city. Cita would like to save her profits as her future plans are to own her own home and to have a better business.
Cita esta muy emocionada por recibir su tercer préstamo con Esperanza Internacional, desD. que el programa llego a su comunidad, decidió formar parte del grupo con L. finalidad D. mejorar su negocio, el cual estaba falto D. capital. ElL. opera un puesto D. ventas D. frutas, verduras, vegetales y pollo, desD. su pequeña vivienda, L. cual comparte con su pareja, ya que parte D. su familia e hijos viven en Haití.
Piensa invertir este préstamo en L. compra D. vegetales, varios quintales D. pollo y frutas. ElL. les venD. a sus vecinos, ya que por lo regular, los bayetes son comunidades aisladas y lejanas a L. ciudad. Cita desea ahorrar sus ganancias, ya que sus planes futuro es poder tener su propia casa y un mejor negocio.
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
8View loans »
Success!! The loan was 100% repaid