Plan De Lucha 3 Group
Claritza is very excited to receive her fifth loan through Esperanza Internacional, after having successfully repaid her previous loan. This was a step toward making her business grow. She has had her business for about four years. She started it with a small amount of savings and with her initiative to generate income and be useful.
Claritza plans to invest this new loan by purchasing underwear for men and women; she is planning to start selling them in wholesale quantities. She plans to use her earnings to reinvest in her business and save. Her dream is to have a well-established business. She thanks all of you for your support!!!
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