Martha is the coordinator of her group, Guerrero para Cristo 1, 2, & 3 (Warrior for Christ). This group is located in the rural area surrounding La Romana, where the sugarcane harvest and tourist industry dominate the economy. She is mother of two and she lives together with her children and her long-term partner. To earn a living, she operates a food stall where she sells chicken, meat, rice, beans and other fruits and vegetables. She says that her most difficult challenge is when her children get sick. In the meantime, she plans to continue studying to become professional.
Martha is excited to be taking her sixth loan with Esperanza. She has been saving her profits because, through this business, she wants to make one of her dreams come true: to have a successful business, with which she can be able to have a safer home and provide for her family.
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.