Ayudanos Señor 6 Group
Sandra is excited to be taking her third loan with Esperanza. She runs a general store from her house and she will use her loan to increase her inventory by buying clothes, shoes, cosmetics, and accessories. Sandra sells to her neighbors from home and she also walks into other communities. She plans to re-invest her profits into her business.
Sandra hopes to improve her house and business by saving and trying to have a stable source of income. She is very committed to making her dreams come true and she believes that, with God and this loan, she will have the opportunity to grow. She 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