Los Excelentes 6 Group
Ramonita is a hardworking mother with three children. Her most important challenge is to work hard to provide for her family and give them as much as as she can: school, clothing, food, etc. She is receiving her sixth loan from Esperanza Internacional, and she is committed to working harder to improve her business. Ramonita would like to save her profits to reinvest in her 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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About Dominican Republic
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Success!! The loan was 100% repaid