Dios Es Amor 3 Group
Alerte F. is the group's representative and she sells clothes. Pants and blouses are more in demand, so she will purchase more with this loan to meet her customers' needs.. She will also buy some accessories, that also have good sales because they cost less.
She hopes that slowly but steadily, her business will gain more structure and become a store where she can offer a wide variety of clothing and accessories to all ages.
Please help us support these entrepreneurs who are just starting. Thank you!
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