Mujeres De Debora 3 Group
Jose makes his home in a simple structure. He is a single man, and one of his greatest dreams is to get married and become a man of God. Also he wants to have a successful business. Jose is excited to be taking his first loan. His business has been here around five years, and he started it when he stopped working for a company. He plans to use this loan to purchase computers parts and cameras. He will use the profits to reinvest in his business. His long-term goal is to reinvest in his business. He said his most difficult challenge has been to overcome an illness. He thanks you all 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