Jeremias 2 Group
She enjoys marketing and the sales; that's why she took a loan and started selling natural medicines and products. A friend invited her to sell these natural products. She says, "With this second loan, my business will increase more, because with just six months doing this business I have done very well."
Natividad will use the profits to reinvest in her business, because she wants to improve it more and save.
Her most difficult challenge is that her husband can live according to the Christian life. She is dreaming of having a successful business, a new and beautiful house and providing what her family needs especially her children's education.
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