- Dominican RepublicFoodFunding via Esperanza International Dominican Republic, a partner of HOPE International
- Dominican RepublicClothingFunding via Esperanza International Dominican Republic, a partner of HOPE International
- Dominican RepublicRetailFunding via Esperanza International Dominican Republic, a partner of HOPE International
Les Militan De Ferrier 2 Group
Juslene manages a business of selling food products. She intends to use this loan to invest in various food products. The other members of the group Les Militan de Ferrier 2 also need the loan to buy products for resale such as food products, charcoal and cosmetics.
Juslene says her biggest challenge is a lack of clientele because of high unemployment. She is very enthusiastic about receiving her second loan and has a dream to grow her business so she can become a wholesaler.
Juslene a dirigé son commerce de produit alimentaire. Elle voudrait utiliser cet emprunt pour investir dans plusieurs produit. Des autres membres des Les Militan de Ferrier 2 ont besoin d’un emprunt pour tels commerces comme vendre des produits alimentaires, charbon et des produits cosmétiques.
Juslene dit que son défit principal est manque d’acheteurs constants a cause du chômage. Elle Elle est très enthousiaste quant à son deuxième prêt et nous dit que son rêve est d’agrandir son commerce pour qu’elle devenir un grand commerçant.
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