Creciendo Para El Futuro 1, 2 & 3 Group
Having repaid her previous loans and grown her business, Adriana is excited to be taking out her tenth loan with Esperanza. She cooks food and delivers it to people. She has been in this business for almost seven years. She plans to use this loan to buy goods, including rice, meat, vegetables, and beans. She will save part of the profit and use the remainder to provide for her child and home.
In the near future, Adriana wants to build her own house. She dreams of becoming a professional and having a successful business. 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