Con Dios Hacia Delante Group
Maribel took out a loan and started a business selling small pets. She found great success, and now is taking out her fifth loan and increasing the business. For the first time in her life she feels useful and feels like she has a purpose. She is able to proviD. for her family and to send her children to school. She is very happy with the success she has, but wants to keep increasing her business and bettering her life and the life of her family. She is very excited about the future, and the even more excited about the future of her children!
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