Mujeres De Paciencia Group
All ten of these women left Haiti and moved to the Dominican Republic for greater opportunities. Many only speak Haitian Creole and have fewer opportunities than most Dominicans because they cannot speak Spanish. Calina sells perfume, cream, undergarments, and other beauty products. She will purchase additional products with her loan to sell in her store. Many of her group members will replenish the stock in their stores also.
Calina has been married four years to her husband Rafael and has a daughter who is eight years old. She first heard of Esperanza from an associate and decided she would like a loan to help her with her business. This is the first Esperanza loan for "Mujeres de Paciencia," and they are excited for this great opportunity!
On behalf of Calina, Mujeres de Paciencia, and all of us at Esperanza International, we thank you for your contribution and desire to make a direct impact in fighting poverty!
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