Trabajando Para El Futuro 2 & 9 Group
Eladia and her husband have three children and live in a simple home in Samana, a city on a peninsula with the same name in the northeastern part of the Dominican Republic. Life in Samana can be rough, with no potable running water, frequent power outages (if one has power to begin with), and inadequate health care. Despite these difficulties, Eladia runs a successful business selling seafood. The area is known for its fishing industry, and since it is a peninsula, the demand for and availability of fish is quite high. With this loan, Eladia will catch and purchase fish, shrimp, and crab to sell for a small profit.
This is Eladia’s ninth loan with Esperanza International. With her profits, she hopes to buy a small boat so she can catch more of her own seafood, giving her a greater profit margin. She also will buy her children school supplies, including notebooks, shoes, and backpacks. With continued investments into her business, Eladia hopes to one day have her own home. With your loan, Eladia will be well on her way to reach these goals.
Esperanza International seeks to free children and their families through initiatives that generate income, education and health, restoring self-worth and dignity to those who have lost hope. We have over 8,500 active associates in eleven offices in the Dominican Republic and Haiti. Thank you for lending to Eladia and the 'Trabajando Para el Futuro' group!
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