Con Esfuerzo Triunfaremos - Group 1
Because the summer is approaching and temperatures are rising, Cristobalina will use this loan to purchase light, fresh children's and women's clothing to sell. She often purchases in San Pedro, but sometimes she goes to Santo Domingo, the capital city, to purchase clothing in the commercial district.
Cristobalina is working hard to generate profits that will help her cover the expenses to finish her house. She started building a couple years ago, but has to build "one wall at a time," because construction materials are rather expensive. She hopes not only to finish her house with her business profits, but to also support her children's chidren's education and see them "achieve realization in their lives."
Please help us to continue supporting Cristobalina and the rest of this Bank of Hope. 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.
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Success!! The loan was 100% repaid