Las Colmenas 2, 3 & 4 Group
This is Yanna's sixth loan with Esperanza. She started her business with the first loan she received from Esperanza International, around three years ago. She plans to use this loan to purchase a glass cabinet and different pairs of shoes. This cabinet will be used to show her products.
Yanna wants to reinvest the profits from her business and to save because her future plan is to improve her family's living conditions, have enough money to provide a good education for her children, and send them to university. She hopes to be able to save enough money to continue improving her family's lives and to make one of her dreams come true, her dream of having a successful business. She thanks you for your support! There are two photos to make visible as many faces as possible.
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