- Dominican RepublicClothingFunding via Esperanza International Dominican Republic, a partner of HOPE International
- Dominican RepublicRetailFunding via Esperanza International Dominican Republic, a partner of HOPE International
- NicaraguaClothingFunding via León 2000 IMF
Amor Y Amistad 3 & 4 Group
Paula is a married mother who lives in the beautiful town of Samana with her three children. She says her most important challenge is to keep her business stable and sustainable. She enjoys working and serving the needs of her family and friends.
Paula is receiving her twelfth loan with Esperanza Internacional, having repaid all her previous loans. After seven years of investment, her business has been growing to the point where she is selling a greater range of products and acquiring more clients and communities.
Paula will use this loan to purchase clothing such as pants, skirts, blouses, shirts, and shoes for both women and men. She will reinvest her profits in her business and is also planning to add other high-demand products for school supplies. 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.
About Dominican Republic
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Success!! The loan was 100% repaid