Celia is one of the members of the group Las Responsables (The Responsible) 1, 2 & 4. She makes her home here in a simple structure with her 4 children and their father. She is a hard-working woman and helps her family by bringing in extra income.
Celia is excited to be taking her 6th loan with Esperanza after having successfully repaid her previous loan and growing her business. She has had her business for 8 and a half years, starting with her own savings after working in different jobs. She plans to use this loan to invest in her business by purchasing shoes. She sells her product by walking and from her home.
She will use the profits to reinvest in her business and providing for her family needs. She is helping her long-term partner by bringing extra income. This group is located in one of the "bateyes" near La Romana, and its members are mostly Haitians. Bateyes are rural areas surrounded by sugarcane fields.
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.