El Progreso 1, 2 & 3 Group
Anita has two children who live with her and their father in a batey located in the north of San Pedro ("bateyes" are small rural communities built by sugar companies for their field workers). Despite her difficulties, Anita makes the most of her opportunities and she operates a little candy and snack stall where she sells candies such as gums and lollipops, and snack such as chips, cookies, and many other similar items. She operates her business during the day in front of the local school, and during the afternoon she moves her stall to her house. She visits other communities during the week, traveling to sell her products.
Anita is requesting a loan to purchase items to increase her inventory. Anita has had five previous loans and she has been able to bring changes to her family’s life, such as providing school supplies, shoes, clothing and tending to other needs.
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
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Success!! The loan was 100% repaid