Amistad 4 Group
Ana purchases chemicals from local distributors to make her products and packs them for distribution. Her finished products are sold in small grocery stores and in her own home. In addition, Ana is a dressmaker, sewing clothes and decorative pieces like curtains, bathroom sets and bedspreads. With this loan, Ana will buy chemical products (sodium chloride, boric acid, menthol, methyl salicylate, glycerin, fruit fragrance, cetyl alcohol, etc.) for hair and household products.
Ana’s most important challenge is to see her children become professionals. God has given her the strength to work hard as a single mother, to provide for her family and to send her children to study. She enjoys sewing and making products. She has received 16 loans with Esperanza and with her first loan, she bought a sewing machine and started making student uniforms.
Ana's dream is to have a big factory to produce her chemical-based products and to sell them in other cities and in big department stores. 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