Las Rosadas 3 & 6 Group
Marie is an entrepreneur also involved in clothing and bedding sales, and other miscellaneous items. She has been involved in her micro-business for 2 years. She uses her profits to send her children to school. Regarding how she makes ends meet, Marie says "you can't just sit around and do nothing! Come up with something to do!"
These women describe their neighborhood as "forgotten." Their community, they say feels an economic "crisis" at hand. As Haitian immigrants, these women say they are very aware of the limited opportunities available to them. For many in their situation, university education will remain out of reach. Marie reflects that through microlending, she has achieved some important gains in her life. In particular, she was able to save money to visit her family in Haiti for the first time in nine years. This, she says, is very important to her.
Thank you for supporting these entrepreneurs!
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