Sabanalamarinos Unidos 1 Group
Fior has been selling women's underwear for more than seven years. Her many years selling underwear have made it possible for her to find a good market to buy a bigger amount and a very good quality product. She sells in her house, by walking in different communities, and to other sellers.
Fior and her husband are raising their three children in this coastal town located in the city of Hato Mayor. Her most important challenge now is to provide the best education for her children. Fior dreams to have an underwear store to sell it for the wholesale market. Her profits will be dedicated to provide for her family's needs and to save for her children's university.
Fior and everyone in the Sabanalamarinos Unidos 1 group are excited to receive your help and they can make an increase in their business capital with this loan.
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