Mujeres En Progreso (Women In Progress) Group
Lourdes runs a small business selling dried flowers, scented candles, natural medicines and a few different chemicals to help treat skin problems. She normally sells these items to people who know about her business from her home, and will also walk the streets a few times a week. She has asked for this loan so that she can buy a new selection of candles—candles are always sin demand since the power goes out an average of two to three time each day. She would also like to expand the types of herbal medicines she is able to offer her clients.
She hopes that with the extra income this loan will help her make, she will be able to improve the lives of her children and improve the manner in which they all live. She also says she hopes to raise them with good health, and teach them what it means to make an honest living in a world where many people resort to corruption and stealing to get by. She wants to see them all happy, and she hopes that she will able to see her family continue to move forward in their lives economically and happily.
On behalf of Lourdes and everyone here at Esperanza International, we thank you for supporting his dreams and goals!
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