"Mujeres Rompiendo Obstaculos" ("Women Beating Obstacles") is a group of 14 women and 1 man. All members are excited about receiving their first loan, and are ready to start changing their lives and futures. This first loan they are requesting is around $150 US for each person and they plan to start businesses ranging from clothing stores to small restaurants. Germania is the chosen representative of this group, and she was chosen due to her hard-work ethic and diligence. She has been single for 22 years now, and has three children she has to take care of. She wants to start her own business to take care of her kids and loved ones more than for herself. She says she is excited about this opportunity and ready to take this step, and so is the rest of the group! On behalf of Germania, the group, and Esperanza International------ Thank you 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.