Con Dios Adelante 3, 4 & 5 Group
Susana is the mother of four children and they live together in a modest home with her husband. She says that her most important challenge is to work to get what she and her family need, and to support her children. In the meantime she plans to continue to enjoy resting after her work day.
Susana is excited to be taking her sixth loan with Esperanza after having successfully repaid her previous loan and grown her business. She has had her business for around seven years, starting with some capital she and her husband saved. She plans to use this loan to invest in her business by buying clothes, shoes, womens' accessories and cosmetics products, etc. She wishes to have a successful business. Susana will uses her business profits to reinvest and to save. She dreams of having her own house.
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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