Union Y Amor 1 Group
Yris is a mother and she lives with two of her children and her husband. She says that her most important challenge is to have good health because she wants to continue working. She still needs to help her family to make changes in her home structure in the coming year to live tranquilly in her older age. She enjoys sharing with her family and grandchildren.
Yris runs a Grocery Store and she will uses this loan to invest by buying rice, flour, canned food, sugar, cooking oil, and other items. Yris and her group 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